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

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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Answer #1

oSs nCOYne 5o,ooo b) Transfes fom an employe con e excluded as Constyuction has a Vested intesl in Damin, and evnhough this l-*p s a no estuvc to Ahe employec Dawin cannot exclude ,張fvom hs Daxxin Canno income and includes the valuc (43000) oss income stoterrent. on Os is also a transSex fxom an employeγ to an employee . The employ-Y has a veste iteeste employee and Cannot provide $ toooo as a aist 広eveS nc, Megan must include the 4to,000 Ploye lhe employc-Y eemploee on he aross As long as Poyment usas not mode the deceased ses eslete , the employ to cxived no benes:t Avom the Paument, the men Ih spouse peridtmed no Sevuíces Fv the cmplayer the decendent had been fulli o sexvices Yendexed ouna2. rentS were made a boaddixcetoxs esolution olloused a general Compan payments 56. familes of dece employces, he Panen resumed tohave act not be kndude& iblakesiroSs Income een rnadeas an as>estion or charity and usl e) e Insuxance Proceeds Paid eeSt cibecause the seath os the insured a exempt Srom exeSove, client us not iN Come includethe5oooo on his ncome.

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