Question

Which was is included or excluded from gross income: Payment received for lost wages. Payment received...

  1. Which was is included or excluded from gross income:
  1. Payment received for lost wages.
  2. Payment received for loss of arm due to an automobile accident.
  3. Payment received for emotional distress due to an automobile accident.
  4. Workers’ compensation benefits received.
  5. Payment of $4,000 by the employer for the employee’s health insurance coverage.
  6. Meals received by a nurse at the hospital so she can be on call.
  7. Lodging received by a maintenance manager who is not required to live at the apartment complex.
  8. The use by an employee of an athletic facility located on the employer’s premises.
  9. An employee of an airline flies standby to Atlanta.
  10. An employee is allowed to use the employer’s copy machine to make some personal copies.

Homework Answers

Answer #1
Gross income
Included Excluded
Payment received for lost wages Payment received for loss of arm due to an automobile accident.
Payment received for emotional distress due to an automobile accident.
The use by an employee of an athletic facility located on the employer’s premises Workers’ compensation benefits received.
An employee of an airline flies standby to Atlanta Meals received by a nurse at the hospital so she can be on call.
Lodging received by a maintenance manager who is not required to live at the apartment complex Payment of $4,000 by the employer for the employee’s health insurance coverage.
An employee is allowed to use the employer’s copy machine to make some personal copies.
The use by an employee of an athletic facility located on the employer’s premises
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