Christie sued her former employer for a back injury she suffered on the job in 2019.As a result of the injury, she was partially disabled.In 2020, she received $240,000 for her loss of future income, $160,000 in punitive damages because of the employer's flagrant disregard for the employee's safety, and $15,000 for medical expenses.The medical expenses were deducted on her 2019 return, reducing her taxable income by $12,000.Christie's 2020 gross income from the above is:

Question

Quizplus · Accepted Answer

The Answer of Christie sued her former employer for a back injury she suffered on the job in 2019.As a result of the injury, she was partially disabled.In 2020, she received $240,000 for her loss of future income, $160,000 in punitive damages because of the employer's flagrant disregard for the employee's safety, and $15,000 for medical expenses.The medical expenses were deducted on her 2019 return, reducing her taxable income by $12,000.Christie's 2020 gross income from the above is:

Christie Sued Her Former Employer for a Back Injury She