Sam was unemployed for the first two months of 2014.During that time,he received $4,000 of state unemployment benefits.He worked for the next six months and earned $14,000.In September,he was injured on the job and collected $5,000 of workers' compensation benefits.Sam's Federal gross income from the above is $18,000 ($4,000
+ $14,000).

Question

Quizplus · Accepted Answer

Sam must include in gross income $4,000 of unemployment benefits and his earned wages of $14,000.

Sam Was Unemployed for the First Two Months of 2014