Question: For each situation listed indicate the amount to be included in income for the current year. The federal interest rate of 5.5% is in effect.

For each situation listed indicate the amount to be included in income for the current year. The federal interest rate of 5.5% is in effect. Justin's employer was downsizing and offered employees an amount equal to one year's salary, $150,000, if he would voluntarily retire.
 For each situation listed indicate the amount to be included in

For each situation listed indicate the amount to be included in income for the current year. The federal interest rate of 5.5% is in effect. Justin's employer was downsizing and offered employees an amount equal to one year's salary, $150,000, if he would voluntarily retire

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