If so, what tax regulation section can back that up. Sandra Lewis found $1,000 inside an old

 If so, what tax regulation section can back that up.

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Sandra Lewis found $1,000 inside an old dresser. She purchased the dresser at a discount furniture store at the end of last year and found the money after the beginning of the new year. No one has claimed the money. Must she include it in her gross income? Sandra Lewis found $1,000 inside an old dresser. She purchased the dresser at a discount furniture store at the end of last year and found the money after the beginning of the new year. No one has claimed the money. Must she include it in her gross income?

Answer rating: 100% (QA)

Yes Sandra Lewis should include the 1000 in her gross income and ... View the full answer