Tom was injured in an automobile accident and received $30,000 for his physical injury, $5,000 in punitive damages, $6,000 lost wages and $3,000 in workers compensation. His wife Tia received $ 10,000 for his loss of his services. As a result of the award, the amount Tom must include in gross income is?

Answer rating: 100% (QA)

Fr Tms grss inme 30000 hysil injury 5000 unitive ... View the full answer