Question: Harry started the year on a positive note. On New Years Day, he bought lunch at his favorite restaurant. He paid $10 for the lunch
Harry started the year on a positive note. On New Years Day, he bought lunch at his favorite restaurant. He paid $10 for the lunch special, which came with a free drink. The iced tea he drank normally costs $2, and he savored every drop of that freebie. Would this be included in gross income?
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