SlideShare a Scribd company logo
Does the taxpayer recognize gross income in the following situations? a. Ava is a filing clerk at a
large insurance company. She is permitted to leave the premises for lunch, but she usually eats in
the company's cafeteria because it is quick and she is on a tight schedule. On average, she pays
$2 for a lunch that would cost $12 at a restaurant and it cost her employer $10 to prepare.
However, if the prices in the cafeteria were not so low and the food was not so delicious, she
would probably bring her lunch at a cost of $3 per day. Ava's meals are provided as Therefore,
Ava would include 5 per meal in her gross income. b. Scott is an executive for an international
corporation located in New York City. Often he works late, taking telephone calls from the
company's European branch. Scott often stays in a company-owned condominium when he has a
late-night work session. The condominium Is across the street from the company office and has
the technology needed to communicate with employees and customers throughout the world.
Because the lodging is provided as scott in gross income. c. Ira recently moved to take a job. For
the first month on the new job, Ira was searching for a home to purchase or rent. During this
time, his employer permitted Ira to live in an apartment the company maintains for customers
during the buying season. The month that ira occupied the apartment was not during the buying
season, and the apartment would not otherwise have been occupled. The use of the apartment
should qualifies as and therefore is gross income.

More Related Content

More from Michael0kWTurnery

Economies are rarely Command economies or Free Market economies in the.pdf
Economies are rarely Command economies or Free Market economies in the.pdfEconomies are rarely Command economies or Free Market economies in the.pdf
Economies are rarely Command economies or Free Market economies in the.pdf
Michael0kWTurnery
 
Earthquakes A random sample of 42 earthquakes that have occurred betwe.pdf
Earthquakes A random sample of 42 earthquakes that have occurred betwe.pdfEarthquakes A random sample of 42 earthquakes that have occurred betwe.pdf
Earthquakes A random sample of 42 earthquakes that have occurred betwe.pdf
Michael0kWTurnery
 
Each year- taxpayers are able to contribute money to various charities.pdf
Each year- taxpayers are able to contribute money to various charities.pdfEach year- taxpayers are able to contribute money to various charities.pdf
Each year- taxpayers are able to contribute money to various charities.pdf
Michael0kWTurnery
 
During the execution of a project- an assumption bearing negative risk.pdf
During the execution of a project- an assumption bearing negative risk.pdfDuring the execution of a project- an assumption bearing negative risk.pdf
During the execution of a project- an assumption bearing negative risk.pdf
Michael0kWTurnery
 
Duffy Company acquires a customer list for $15211 on January 1- 2024-.pdf
Duffy Company acquires a customer list for $15211 on January 1- 2024-.pdfDuffy Company acquires a customer list for $15211 on January 1- 2024-.pdf
Duffy Company acquires a customer list for $15211 on January 1- 2024-.pdf
Michael0kWTurnery
 
Draw hand-drawn diagram outlining the important molecules and enzymes.pdf
Draw hand-drawn diagram outlining the important molecules and enzymes.pdfDraw hand-drawn diagram outlining the important molecules and enzymes.pdf
Draw hand-drawn diagram outlining the important molecules and enzymes.pdf
Michael0kWTurnery
 
During the financial crisis that began in 2007 and again with the cris.pdf
During the financial crisis that began in 2007 and again with the cris.pdfDuring the financial crisis that began in 2007 and again with the cris.pdf
During the financial crisis that began in 2007 and again with the cris.pdf
Michael0kWTurnery
 
During April- Cavy Company incurred factory overhead as follows- Requi.pdf
During April- Cavy Company incurred factory overhead as follows- Requi.pdfDuring April- Cavy Company incurred factory overhead as follows- Requi.pdf
During April- Cavy Company incurred factory overhead as follows- Requi.pdf
Michael0kWTurnery
 
Dr- Diaz studies risk factors for cigarette smoking among adolescents-.pdf
Dr- Diaz studies risk factors for cigarette smoking among adolescents-.pdfDr- Diaz studies risk factors for cigarette smoking among adolescents-.pdf
Dr- Diaz studies risk factors for cigarette smoking among adolescents-.pdf
Michael0kWTurnery
 
During 2025- Ivanhoe Company started a construction job with a contrac.pdf
During 2025- Ivanhoe Company started a construction job with a contrac.pdfDuring 2025- Ivanhoe Company started a construction job with a contrac.pdf
During 2025- Ivanhoe Company started a construction job with a contrac.pdf
Michael0kWTurnery
 
DQ1- What are panes in Excel 2019 and how are they beneficial to users.pdf
DQ1- What are panes in Excel 2019 and how are they beneficial to users.pdfDQ1- What are panes in Excel 2019 and how are they beneficial to users.pdf
DQ1- What are panes in Excel 2019 and how are they beneficial to users.pdf
Michael0kWTurnery
 
Draw and arrow in the direction of water movement- Label the tonicity.pdf
Draw and arrow in the direction of water movement- Label the tonicity.pdfDraw and arrow in the direction of water movement- Label the tonicity.pdf
Draw and arrow in the direction of water movement- Label the tonicity.pdf
Michael0kWTurnery
 
E) What is Dominant Design Selection- What are some drivers of Dominan.pdf
E) What is Dominant Design Selection- What are some drivers of Dominan.pdfE) What is Dominant Design Selection- What are some drivers of Dominan.pdf
E) What is Dominant Design Selection- What are some drivers of Dominan.pdf
Michael0kWTurnery
 
During 2015- Elena Company earned $1900 of cash revenue- paid $800 of.pdf
During 2015- Elena Company earned $1900 of cash revenue- paid $800 of.pdfDuring 2015- Elena Company earned $1900 of cash revenue- paid $800 of.pdf
During 2015- Elena Company earned $1900 of cash revenue- paid $800 of.pdf
Michael0kWTurnery
 
During which of the stages does an enveloped virus acquire its envelop.pdf
During which of the stages does an enveloped virus acquire its envelop.pdfDuring which of the stages does an enveloped virus acquire its envelop.pdf
During which of the stages does an enveloped virus acquire its envelop.pdf
Michael0kWTurnery
 
F(w-x-y-z)-wx(yz)+yz(wx+y+w)D-(w+x+y)z.pdf
F(w-x-y-z)-wx(yz)+yz(wx+y+w)D-(w+x+y)z.pdfF(w-x-y-z)-wx(yz)+yz(wx+y+w)D-(w+x+y)z.pdf
F(w-x-y-z)-wx(yz)+yz(wx+y+w)D-(w+x+y)z.pdf
Michael0kWTurnery
 
f- Prepare the budgetary entries for 2023 assuming that the bonds were.pdf
f- Prepare the budgetary entries for 2023 assuming that the bonds were.pdff- Prepare the budgetary entries for 2023 assuming that the bonds were.pdf
f- Prepare the budgetary entries for 2023 assuming that the bonds were.pdf
Michael0kWTurnery
 
Express the confidence interval (0-030-0-114) in the form of p^E-p-p^+.pdf
Express the confidence interval (0-030-0-114) in the form of p^E-p-p^+.pdfExpress the confidence interval (0-030-0-114) in the form of p^E-p-p^+.pdf
Express the confidence interval (0-030-0-114) in the form of p^E-p-p^+.pdf
Michael0kWTurnery
 
Explain the high level usage of road transportation in Africa- while w.pdf
Explain the high level usage of road transportation in Africa- while w.pdfExplain the high level usage of road transportation in Africa- while w.pdf
Explain the high level usage of road transportation in Africa- while w.pdf
Michael0kWTurnery
 
Explain a situation- either at home- school- or work- in which you lis.pdf
Explain a situation- either at home- school- or work- in which you lis.pdfExplain a situation- either at home- school- or work- in which you lis.pdf
Explain a situation- either at home- school- or work- in which you lis.pdf
Michael0kWTurnery
 

More from Michael0kWTurnery (20)

Economies are rarely Command economies or Free Market economies in the.pdf
Economies are rarely Command economies or Free Market economies in the.pdfEconomies are rarely Command economies or Free Market economies in the.pdf
Economies are rarely Command economies or Free Market economies in the.pdf
 
Earthquakes A random sample of 42 earthquakes that have occurred betwe.pdf
Earthquakes A random sample of 42 earthquakes that have occurred betwe.pdfEarthquakes A random sample of 42 earthquakes that have occurred betwe.pdf
Earthquakes A random sample of 42 earthquakes that have occurred betwe.pdf
 
Each year- taxpayers are able to contribute money to various charities.pdf
Each year- taxpayers are able to contribute money to various charities.pdfEach year- taxpayers are able to contribute money to various charities.pdf
Each year- taxpayers are able to contribute money to various charities.pdf
 
During the execution of a project- an assumption bearing negative risk.pdf
During the execution of a project- an assumption bearing negative risk.pdfDuring the execution of a project- an assumption bearing negative risk.pdf
During the execution of a project- an assumption bearing negative risk.pdf
 
Duffy Company acquires a customer list for $15211 on January 1- 2024-.pdf
Duffy Company acquires a customer list for $15211 on January 1- 2024-.pdfDuffy Company acquires a customer list for $15211 on January 1- 2024-.pdf
Duffy Company acquires a customer list for $15211 on January 1- 2024-.pdf
 
Draw hand-drawn diagram outlining the important molecules and enzymes.pdf
Draw hand-drawn diagram outlining the important molecules and enzymes.pdfDraw hand-drawn diagram outlining the important molecules and enzymes.pdf
Draw hand-drawn diagram outlining the important molecules and enzymes.pdf
 
During the financial crisis that began in 2007 and again with the cris.pdf
During the financial crisis that began in 2007 and again with the cris.pdfDuring the financial crisis that began in 2007 and again with the cris.pdf
During the financial crisis that began in 2007 and again with the cris.pdf
 
During April- Cavy Company incurred factory overhead as follows- Requi.pdf
During April- Cavy Company incurred factory overhead as follows- Requi.pdfDuring April- Cavy Company incurred factory overhead as follows- Requi.pdf
During April- Cavy Company incurred factory overhead as follows- Requi.pdf
 
Dr- Diaz studies risk factors for cigarette smoking among adolescents-.pdf
Dr- Diaz studies risk factors for cigarette smoking among adolescents-.pdfDr- Diaz studies risk factors for cigarette smoking among adolescents-.pdf
Dr- Diaz studies risk factors for cigarette smoking among adolescents-.pdf
 
During 2025- Ivanhoe Company started a construction job with a contrac.pdf
During 2025- Ivanhoe Company started a construction job with a contrac.pdfDuring 2025- Ivanhoe Company started a construction job with a contrac.pdf
During 2025- Ivanhoe Company started a construction job with a contrac.pdf
 
DQ1- What are panes in Excel 2019 and how are they beneficial to users.pdf
DQ1- What are panes in Excel 2019 and how are they beneficial to users.pdfDQ1- What are panes in Excel 2019 and how are they beneficial to users.pdf
DQ1- What are panes in Excel 2019 and how are they beneficial to users.pdf
 
Draw and arrow in the direction of water movement- Label the tonicity.pdf
Draw and arrow in the direction of water movement- Label the tonicity.pdfDraw and arrow in the direction of water movement- Label the tonicity.pdf
Draw and arrow in the direction of water movement- Label the tonicity.pdf
 
E) What is Dominant Design Selection- What are some drivers of Dominan.pdf
E) What is Dominant Design Selection- What are some drivers of Dominan.pdfE) What is Dominant Design Selection- What are some drivers of Dominan.pdf
E) What is Dominant Design Selection- What are some drivers of Dominan.pdf
 
During 2015- Elena Company earned $1900 of cash revenue- paid $800 of.pdf
During 2015- Elena Company earned $1900 of cash revenue- paid $800 of.pdfDuring 2015- Elena Company earned $1900 of cash revenue- paid $800 of.pdf
During 2015- Elena Company earned $1900 of cash revenue- paid $800 of.pdf
 
During which of the stages does an enveloped virus acquire its envelop.pdf
During which of the stages does an enveloped virus acquire its envelop.pdfDuring which of the stages does an enveloped virus acquire its envelop.pdf
During which of the stages does an enveloped virus acquire its envelop.pdf
 
F(w-x-y-z)-wx(yz)+yz(wx+y+w)D-(w+x+y)z.pdf
F(w-x-y-z)-wx(yz)+yz(wx+y+w)D-(w+x+y)z.pdfF(w-x-y-z)-wx(yz)+yz(wx+y+w)D-(w+x+y)z.pdf
F(w-x-y-z)-wx(yz)+yz(wx+y+w)D-(w+x+y)z.pdf
 
f- Prepare the budgetary entries for 2023 assuming that the bonds were.pdf
f- Prepare the budgetary entries for 2023 assuming that the bonds were.pdff- Prepare the budgetary entries for 2023 assuming that the bonds were.pdf
f- Prepare the budgetary entries for 2023 assuming that the bonds were.pdf
 
Express the confidence interval (0-030-0-114) in the form of p^E-p-p^+.pdf
Express the confidence interval (0-030-0-114) in the form of p^E-p-p^+.pdfExpress the confidence interval (0-030-0-114) in the form of p^E-p-p^+.pdf
Express the confidence interval (0-030-0-114) in the form of p^E-p-p^+.pdf
 
Explain the high level usage of road transportation in Africa- while w.pdf
Explain the high level usage of road transportation in Africa- while w.pdfExplain the high level usage of road transportation in Africa- while w.pdf
Explain the high level usage of road transportation in Africa- while w.pdf
 
Explain a situation- either at home- school- or work- in which you lis.pdf
Explain a situation- either at home- school- or work- in which you lis.pdfExplain a situation- either at home- school- or work- in which you lis.pdf
Explain a situation- either at home- school- or work- in which you lis.pdf
 

Recently uploaded

Haunted Houses by H W Longfellow for class 10
Haunted Houses by H W Longfellow for class 10Haunted Houses by H W Longfellow for class 10
Haunted Houses by H W Longfellow for class 10
nitinpv4ai
 
Oliver Asks for More by Charles Dickens (9)
Oliver Asks for More by Charles Dickens (9)Oliver Asks for More by Charles Dickens (9)
Oliver Asks for More by Charles Dickens (9)
nitinpv4ai
 
spot a liar (Haiqa 146).pptx Technical writhing and presentation skills
spot a liar (Haiqa 146).pptx Technical writhing and presentation skillsspot a liar (Haiqa 146).pptx Technical writhing and presentation skills
spot a liar (Haiqa 146).pptx Technical writhing and presentation skills
haiqairshad
 
THE SACRIFICE HOW PRO-PALESTINE PROTESTS STUDENTS ARE SACRIFICING TO CHANGE T...
THE SACRIFICE HOW PRO-PALESTINE PROTESTS STUDENTS ARE SACRIFICING TO CHANGE T...THE SACRIFICE HOW PRO-PALESTINE PROTESTS STUDENTS ARE SACRIFICING TO CHANGE T...
THE SACRIFICE HOW PRO-PALESTINE PROTESTS STUDENTS ARE SACRIFICING TO CHANGE T...
indexPub
 
Bossa N’ Roll Records by Ismael Vazquez.
Bossa N’ Roll Records by Ismael Vazquez.Bossa N’ Roll Records by Ismael Vazquez.
Bossa N’ Roll Records by Ismael Vazquez.
IsmaelVazquez38
 
The basics of sentences session 7pptx.pptx
The basics of sentences session 7pptx.pptxThe basics of sentences session 7pptx.pptx
The basics of sentences session 7pptx.pptx
heathfieldcps1
 
Skimbleshanks-The-Railway-Cat by T S Eliot
Skimbleshanks-The-Railway-Cat by T S EliotSkimbleshanks-The-Railway-Cat by T S Eliot
Skimbleshanks-The-Railway-Cat by T S Eliot
nitinpv4ai
 
Mule event processing models | MuleSoft Mysore Meetup #47
Mule event processing models | MuleSoft Mysore Meetup #47Mule event processing models | MuleSoft Mysore Meetup #47
Mule event processing models | MuleSoft Mysore Meetup #47
MysoreMuleSoftMeetup
 
How to deliver Powerpoint Presentations.pptx
How to deliver Powerpoint  Presentations.pptxHow to deliver Powerpoint  Presentations.pptx
How to deliver Powerpoint Presentations.pptx
HajraNaeem15
 
What is Digital Literacy? A guest blog from Andy McLaughlin, University of Ab...
What is Digital Literacy? A guest blog from Andy McLaughlin, University of Ab...What is Digital Literacy? A guest blog from Andy McLaughlin, University of Ab...
What is Digital Literacy? A guest blog from Andy McLaughlin, University of Ab...
GeorgeMilliken2
 
Geography as a Discipline Chapter 1 __ Class 11 Geography NCERT _ Class Notes...
Geography as a Discipline Chapter 1 __ Class 11 Geography NCERT _ Class Notes...Geography as a Discipline Chapter 1 __ Class 11 Geography NCERT _ Class Notes...
Geography as a Discipline Chapter 1 __ Class 11 Geography NCERT _ Class Notes...
ImMuslim
 
Gender and Mental Health - Counselling and Family Therapy Applications and In...
Gender and Mental Health - Counselling and Family Therapy Applications and In...Gender and Mental Health - Counselling and Family Therapy Applications and In...
Gender and Mental Health - Counselling and Family Therapy Applications and In...
PsychoTech Services
 
Temple of Asclepius in Thrace. Excavation results
Temple of Asclepius in Thrace. Excavation resultsTemple of Asclepius in Thrace. Excavation results
Temple of Asclepius in Thrace. Excavation results
Krassimira Luka
 
CIS 4200-02 Group 1 Final Project Report (1).pdf
CIS 4200-02 Group 1 Final Project Report (1).pdfCIS 4200-02 Group 1 Final Project Report (1).pdf
CIS 4200-02 Group 1 Final Project Report (1).pdf
blueshagoo1
 
Elevate Your Nonprofit's Online Presence_ A Guide to Effective SEO Strategies...
Elevate Your Nonprofit's Online Presence_ A Guide to Effective SEO Strategies...Elevate Your Nonprofit's Online Presence_ A Guide to Effective SEO Strategies...
Elevate Your Nonprofit's Online Presence_ A Guide to Effective SEO Strategies...
TechSoup
 
HYPERTENSION - SLIDE SHARE PRESENTATION.
HYPERTENSION - SLIDE SHARE PRESENTATION.HYPERTENSION - SLIDE SHARE PRESENTATION.
HYPERTENSION - SLIDE SHARE PRESENTATION.
deepaannamalai16
 
NEWSPAPERS - QUESTION 1 - REVISION POWERPOINT.pptx
NEWSPAPERS - QUESTION 1 - REVISION POWERPOINT.pptxNEWSPAPERS - QUESTION 1 - REVISION POWERPOINT.pptx
NEWSPAPERS - QUESTION 1 - REVISION POWERPOINT.pptx
iammrhaywood
 
Leveraging Generative AI to Drive Nonprofit Innovation
Leveraging Generative AI to Drive Nonprofit InnovationLeveraging Generative AI to Drive Nonprofit Innovation
Leveraging Generative AI to Drive Nonprofit Innovation
TechSoup
 
Stack Memory Organization of 8086 Microprocessor
Stack Memory Organization of 8086 MicroprocessorStack Memory Organization of 8086 Microprocessor
Stack Memory Organization of 8086 Microprocessor
JomonJoseph58
 
BIOLOGY NATIONAL EXAMINATION COUNCIL (NECO) 2024 PRACTICAL MANUAL.pptx
BIOLOGY NATIONAL EXAMINATION COUNCIL (NECO) 2024 PRACTICAL MANUAL.pptxBIOLOGY NATIONAL EXAMINATION COUNCIL (NECO) 2024 PRACTICAL MANUAL.pptx
BIOLOGY NATIONAL EXAMINATION COUNCIL (NECO) 2024 PRACTICAL MANUAL.pptx
RidwanHassanYusuf
 

Recently uploaded (20)

Haunted Houses by H W Longfellow for class 10
Haunted Houses by H W Longfellow for class 10Haunted Houses by H W Longfellow for class 10
Haunted Houses by H W Longfellow for class 10
 
Oliver Asks for More by Charles Dickens (9)
Oliver Asks for More by Charles Dickens (9)Oliver Asks for More by Charles Dickens (9)
Oliver Asks for More by Charles Dickens (9)
 
spot a liar (Haiqa 146).pptx Technical writhing and presentation skills
spot a liar (Haiqa 146).pptx Technical writhing and presentation skillsspot a liar (Haiqa 146).pptx Technical writhing and presentation skills
spot a liar (Haiqa 146).pptx Technical writhing and presentation skills
 
THE SACRIFICE HOW PRO-PALESTINE PROTESTS STUDENTS ARE SACRIFICING TO CHANGE T...
THE SACRIFICE HOW PRO-PALESTINE PROTESTS STUDENTS ARE SACRIFICING TO CHANGE T...THE SACRIFICE HOW PRO-PALESTINE PROTESTS STUDENTS ARE SACRIFICING TO CHANGE T...
THE SACRIFICE HOW PRO-PALESTINE PROTESTS STUDENTS ARE SACRIFICING TO CHANGE T...
 
Bossa N’ Roll Records by Ismael Vazquez.
Bossa N’ Roll Records by Ismael Vazquez.Bossa N’ Roll Records by Ismael Vazquez.
Bossa N’ Roll Records by Ismael Vazquez.
 
The basics of sentences session 7pptx.pptx
The basics of sentences session 7pptx.pptxThe basics of sentences session 7pptx.pptx
The basics of sentences session 7pptx.pptx
 
Skimbleshanks-The-Railway-Cat by T S Eliot
Skimbleshanks-The-Railway-Cat by T S EliotSkimbleshanks-The-Railway-Cat by T S Eliot
Skimbleshanks-The-Railway-Cat by T S Eliot
 
Mule event processing models | MuleSoft Mysore Meetup #47
Mule event processing models | MuleSoft Mysore Meetup #47Mule event processing models | MuleSoft Mysore Meetup #47
Mule event processing models | MuleSoft Mysore Meetup #47
 
How to deliver Powerpoint Presentations.pptx
How to deliver Powerpoint  Presentations.pptxHow to deliver Powerpoint  Presentations.pptx
How to deliver Powerpoint Presentations.pptx
 
What is Digital Literacy? A guest blog from Andy McLaughlin, University of Ab...
What is Digital Literacy? A guest blog from Andy McLaughlin, University of Ab...What is Digital Literacy? A guest blog from Andy McLaughlin, University of Ab...
What is Digital Literacy? A guest blog from Andy McLaughlin, University of Ab...
 
Geography as a Discipline Chapter 1 __ Class 11 Geography NCERT _ Class Notes...
Geography as a Discipline Chapter 1 __ Class 11 Geography NCERT _ Class Notes...Geography as a Discipline Chapter 1 __ Class 11 Geography NCERT _ Class Notes...
Geography as a Discipline Chapter 1 __ Class 11 Geography NCERT _ Class Notes...
 
Gender and Mental Health - Counselling and Family Therapy Applications and In...
Gender and Mental Health - Counselling and Family Therapy Applications and In...Gender and Mental Health - Counselling and Family Therapy Applications and In...
Gender and Mental Health - Counselling and Family Therapy Applications and In...
 
Temple of Asclepius in Thrace. Excavation results
Temple of Asclepius in Thrace. Excavation resultsTemple of Asclepius in Thrace. Excavation results
Temple of Asclepius in Thrace. Excavation results
 
CIS 4200-02 Group 1 Final Project Report (1).pdf
CIS 4200-02 Group 1 Final Project Report (1).pdfCIS 4200-02 Group 1 Final Project Report (1).pdf
CIS 4200-02 Group 1 Final Project Report (1).pdf
 
Elevate Your Nonprofit's Online Presence_ A Guide to Effective SEO Strategies...
Elevate Your Nonprofit's Online Presence_ A Guide to Effective SEO Strategies...Elevate Your Nonprofit's Online Presence_ A Guide to Effective SEO Strategies...
Elevate Your Nonprofit's Online Presence_ A Guide to Effective SEO Strategies...
 
HYPERTENSION - SLIDE SHARE PRESENTATION.
HYPERTENSION - SLIDE SHARE PRESENTATION.HYPERTENSION - SLIDE SHARE PRESENTATION.
HYPERTENSION - SLIDE SHARE PRESENTATION.
 
NEWSPAPERS - QUESTION 1 - REVISION POWERPOINT.pptx
NEWSPAPERS - QUESTION 1 - REVISION POWERPOINT.pptxNEWSPAPERS - QUESTION 1 - REVISION POWERPOINT.pptx
NEWSPAPERS - QUESTION 1 - REVISION POWERPOINT.pptx
 
Leveraging Generative AI to Drive Nonprofit Innovation
Leveraging Generative AI to Drive Nonprofit InnovationLeveraging Generative AI to Drive Nonprofit Innovation
Leveraging Generative AI to Drive Nonprofit Innovation
 
Stack Memory Organization of 8086 Microprocessor
Stack Memory Organization of 8086 MicroprocessorStack Memory Organization of 8086 Microprocessor
Stack Memory Organization of 8086 Microprocessor
 
BIOLOGY NATIONAL EXAMINATION COUNCIL (NECO) 2024 PRACTICAL MANUAL.pptx
BIOLOGY NATIONAL EXAMINATION COUNCIL (NECO) 2024 PRACTICAL MANUAL.pptxBIOLOGY NATIONAL EXAMINATION COUNCIL (NECO) 2024 PRACTICAL MANUAL.pptx
BIOLOGY NATIONAL EXAMINATION COUNCIL (NECO) 2024 PRACTICAL MANUAL.pptx
 

Does the taxpayer recognize gross income in the following situations-.pdf

  • 1. Does the taxpayer recognize gross income in the following situations? a. Ava is a filing clerk at a large insurance company. She is permitted to leave the premises for lunch, but she usually eats in the company's cafeteria because it is quick and she is on a tight schedule. On average, she pays $2 for a lunch that would cost $12 at a restaurant and it cost her employer $10 to prepare. However, if the prices in the cafeteria were not so low and the food was not so delicious, she would probably bring her lunch at a cost of $3 per day. Ava's meals are provided as Therefore, Ava would include 5 per meal in her gross income. b. Scott is an executive for an international corporation located in New York City. Often he works late, taking telephone calls from the company's European branch. Scott often stays in a company-owned condominium when he has a late-night work session. The condominium Is across the street from the company office and has the technology needed to communicate with employees and customers throughout the world. Because the lodging is provided as scott in gross income. c. Ira recently moved to take a job. For the first month on the new job, Ira was searching for a home to purchase or rent. During this time, his employer permitted Ira to live in an apartment the company maintains for customers during the buying season. The month that ira occupied the apartment was not during the buying season, and the apartment would not otherwise have been occupled. The use of the apartment should qualifies as and therefore is gross income.