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  1. business
  2. accounting
  3. enter the taxpayer's gross income for each of the

Enter the taxpayer's gross income for each of the following independent situations. Note: If an...

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Accounting

Enter the taxpayer's gross income for each of the following independent situations.

Note: If an amount is zero, enter "0".

Taxpayer's Gross Income
a. Darrin received a salary of $50,000 in 2018 from his employer, Green Construction. $
b. In July 2018, Green gave Darrin an all-expense-paid trip to Las Vegas (value of $3,000) for exceeding his sales quota. $
c. Megan received $10,000 from her employer to help her pay medical expenses not covered by insurance. $
d. The $15,000 is included because Blake's wife had a nonforfeitable right to the payment. $
e. Clint collected $50,000 as the beneficiary of a group term life insurance policy when his wife died. The premiums on the policy were paid by his deceased wife's employer. $

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