Mr. Hawk, a factory assembly line worker, received the following benefits from his employer:

Medical insurance plan policy	$250
Christmas bonus	125
Reimbursementforcollegeundergraduate
physics course beginning January 10, 2021, under a nondiscriminatory written plan	450
$40,000 nondiscriminatory group term life
insurance policy	475
Membership in a local health club	550

How much is includible in Mr. Hawk's income for the current year?

Answer rating: 100% (QA)

To determine the amount includible in Mr Hawks income for the current year we need to identify which ... View the full answer