In 2022, John earned $50,000 working as an employee, and won $5,000 in a state...
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Accounting
In 2022, John earned $50,000 working as an employee, and won $5,000 in a state lottery. Also in 2022, John spent $400 for the purchase of lottery tickets. John elected the standard deduction on his 2022 income tax return. The amount of lottery winnings that should be included in Johns 2022 taxable income is
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