Multiple Choice
How much gross income does Faith have from the following items of economic income?
?
- Received cash gift of from parents.
- Received in alimony payments from former spouse (2017 agreement) .
- Received in child support payments from former spouse (2017 agreement) .
- Won in a slot machine in Las Vegas.
- Faith's vacation home on Lake Tahoe increased in value by .
- Collected in unempl oyment benefits.
A) $18,000
B) $30,000
C) $32,000
D) $38,000
E) $50,000
Correct Answer:

Verified
Correct Answer:
Verified
Q86: The income tax treatment of payments from
Q87: Boris, a single individual, has two sales
Q88: The income tax concept that is primarily
Q89: Todd and Fiona are negotiating a divorce
Q90: Match each statement with the correct term
Q92: Andy has the following capital gains
Q93: Andrea has the following capital gains
Q94: Elise sells a painting that has a
Q95: Stephanie and Matt are married with no
Q96: Sonya and Butch divorce during 2018. Their