IRS Adapted Problem. The following items were received as court awards and damages during 2015....
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Accounting
IRS Adapted Problem. The following items were received as court awards and damages during 2015. All should be included in ordinary income for 2015 by the taxpayer who received them except: Compensation for lost wages due to slander Compensatory damages for physical injury Damages for breach of contract Interest on damages for breach of contract
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