Indicate whether each of the items listed below would be included (1) in or excluded (e)...
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• Indicate whether each of the items listed below would be included (1) in or excluded (e) from gross income for the 2022 tax year. a. Alimony received d b. Lottery winnings c. Life insurance proceeds received Upon the death of a family member d. Child support payment e. Reimbursement of hospital expenses From a health insurance plan f. Municipal bond interest h. Scholarships for tuition and books i. Wages j. Farm income k. Inheritances L. Award to Prof. Chukwuma by Gallaudet University in recognizing • Indicate whether each of the items listed below would be included (1) in or excluded (e) from gross income for the 2022 tax year. a. Alimony received d b. Lottery winnings c. Life insurance proceeds received Upon the death of a family member d. Child support payment e. Reimbursement of hospital expenses From a health insurance plan f. Municipal bond interest h. Scholarships for tuition and books i. Wages j. Farm income k. Inheritances L. Award to Prof. Chukwuma by Gallaudet University in recognizing
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a Included Alimony received is taxable income b Included Lottery winnings are taxable i... View the full answer
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date:
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