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. Trina contracted a disease and was unable to work for six months. Because of her dire circumstances, her employer paid her one-half of her regular salary, $60,000, while she was away from work
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