Holly was injured while working in a factory and received $12,000 as workers' compensation as she...

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Holly was injured while working in a factory and received $12,000 as workers' compensation as she was unable to work because of the injury. Jill, who was self-employed, was also injured and unable to work. Jill collected $12,000 on an insurance policy she had purchased to replace her loss of income while she was unable to work. How much are Holly and Jill each required to include in their gross income? If an amount is zero, enter "0". Holly: Jill: Holly was injured while working in a factory and received $12,000 as workers' compensation as she was unable to work because of the injury. Jill, who was self-employed, was also injured and unable to work. Jill collected $12,000 on an insurance policy she had purchased to replace her loss of income while she was unable to work. How much are Holly and Jill each required to include in their gross income? If an amount is zero, enter "0". Holly: Jill:

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Holly Workers compensation benefits are generally ... View the full answer