From the information given below,determine Marcie's gross income for tax purposes.
$$\begin{array} { | l | l | }
\hline \text { Salary } & \$ 40,000 \
\hline \text { Interest (checking account) } & \$ 50 \
\hline \text { Cash received as birthday gift } & \$ 900 \
\hline \text { Dividends (mutual funds) } & \$ 500 \
\hline \text { Inheritance received on father's death } & \$ 22,000 \
\hline \text { Cash received from insurance for accident claim settlement } & \$ 3,200 \
\hline \text { Cash dividend from stock } & \$ 750 \
\hline
\end{array}$$

Question

From the information given below,determine Marcie's gross income for tax purposes.
 $$\begin{array} { | l | l | } 
\hline \text { Salary } & \$ 40,000 \
\hline \text { Interest (checking account) } & \$ 50 \
\hline \text { Cash received as birthday gift } & \$ 900 \
\hline \text { Dividends (mutual funds) } & \$ 500 \
\hline \text { Inheritance received on father's death } & \$ 22,000 \
\hline \text { Cash received from insurance for accident claim settlement } & \$ 3,200 \
\hline \text { Cash dividend from stock } & \$ 750 \
\hline
\end{array}$$

Quizplus · Accepted Answer

The Answer of From the information given below,determine Marcie's gross income for tax purposes.
 $$\begin{array} { | l | l | } 
\hline \text { Salary } & \$ 40,000 \
\hline \text { Interest (checking account) } & \$ 50 \
\hline \text { Cash received as birthday gift } & \$ 900 \
\hline \text { Dividends (mutual funds) } & \$ 500 \
\hline \text { Inheritance received on father's death } & \$ 22,000 \
\hline \text { Cash received from insurance for accident claim settlement } & \$ 3,200 \
\hline \text { Cash dividend from stock } & \$ 750 \
\hline
\end{array}$$

From the Information Given Below,determine Marcie's Gross Income for Tax