Question: od Luck! Time Running: Attempt due: May 1 at 1 Question 1 1 2 pts 1 Hour, 1 6 Minutes In 2 0 1 6

od Luck!
Time Running:
Attempt due: May 1 at 1
Question 11
2 pts
1 Hour, 16 Minutes
In 2016, Theresa was in an automobile accident and suffered physical injuries. The accident was caused by Ramon's negligence. In 2017, Theresa collected from his insurance company. She received $15,000 for loss of income, $10,000 for pain and suffering, $50,000 for punitive damages, and $6,000 for medical expenses which she had deducted on her 2016 tax return (the amount in excess of 10% of adjusted gross income). As a result of the above, Theresa's 2017 gross income is increased by $56,000.
True
False
od Luck! Time Running: Attempt due: May 1 at 1

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