Randi, a flight attendant, received wages of $30,000 in 2013. The airline provided transportation on a...

Transcribed Image Text:

Randi, a flight attendant, received wages of $30,000 in 2013. The airline provided transportation on a stand-by basis, at no charge, from her home in Detroit to the airline's hub in Chicago. The fair market value of the commuting flights was $5,000. Also in 2013, Randi received reimbursements, under an accountable plan, of $10,000 for overnight travel, but only spent $6,000. The excess was returned. Randi became disabled in November 2013 and received worker's compensation of $4,000. What amount must Randi include in gross income on her 2013 tax return? Randi, a flight attendant, received wages of $30,000 in 2013. The airline provided transportation on a stand-by basis, at no charge, from her home in Detroit to the airline's hub in Chicago. The fair market value of the commuting flights was $5,000. Also in 2013, Randi received reimbursements, under an accountable plan, of $10,000 for overnight travel, but only spent $6,000. The excess was returned. Randi became disabled in November 2013 and received worker's compensation of $4,000. What amount must Randi include in gross income on her 2013 tax return?

Answer rating: 100% (QA)

Randis gross income for 2013 is 39000 Here is the breakdown Wages 30000 Commuting flights 5000 Reimb... View the full answer