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Which of the following items are inclusions in gross income? Child support recei

ID: 2457970 • Letter: W

Question

Which of the following items are inclusions in gross income?

Child support received from ex-spouse

Interest received from General Electric bonds.

Damages awarded due to personal injury resulting from anautomobile accident.

Plasma TV set received for being the tenth caller in a contestsponsored by a local radio station.

Value of meals and lodging received by an employee while workingon an oil rig in the Gulf of Mexico.

A cash honorarium received by a former U.S. senator for giving acollege commencement address.

Explanation / Answer

The following items are inclusions in GrossIncome 1 Child support received from ex-spouse . 2 Plasma TV set received for being the tenth caller in acontest sponored by a local radio station. 3 Value of meals and lodging received by an employeewhile working on an oil rig in the Gulf of Mexico. 4 Cash honorarium received by a former U S senetor forgiving College commencement address .

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