What is the tax treatment of jury duty? a. it is included in gross income; however, if
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What is the tax treatment of jury duty?
a. it is included in gross income; however, if employer requires employee to pay it back in exchange for compensation, it is deductible FOR AGI
b. it is included in gross income; however, if employer requires employee to pay it back in exchange for compensation, it is deductible FROM AGI
c. it is excluded from gross income; however, if employer requires employee to pay it back in exchange for compensation, it is included FOR AGI
d. it is excluded from gross income because it used to reimburse taxpayer for travel expenses to/from the courthouse
Related Book For
Concepts in Federal Taxation
ISBN: 9780324379556
19th Edition
Authors: Kevin E. Murphy, Mark Higgins, Tonya K. Flesher
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