CH2_3_Inclusions Examples

Question 1

1. Ruby Diaz is a commissioned salesperson. She is a cash-method taxpayer. At the end of 2017, her earnings for the year were $75,000. During the year, she also received $10,000 in advances (선수수익)인출의 제한이나 사용의 제한이 없으면 자유롭게 입출금이 가능하다면 이것도 수익에 포함 된다 on future commissions and repaid $8,000. How much income should Ruby report for 2017?

Answer 1

A. $77,000 B. $75,000 C. $87,000 D. $85,000

75,000+10,000-8,000

Question 2

2. Randolph is a single individual who always claims the standard deduction. Randolph received the following in the current year:

 Wages $22,000
 Unemployment compensation 6,000
 Pension distribution (100% taxable) 4,000 (이미 세제 혜택을 본 것)
 A state tax refund from the previous year 425 What is Randolph’s gross income?

Answer 2

A. $22,000 B. $28,425 C. $32,000 D. $32,425

425 저번에 혜택 안 받은 거라 the standard deduction였기 때문에

Question 3

3. John and Mary were divorced in 2016. The divorce decree provides that John pay alimony of
   $10,000 per year, to be reduced by 20% in 5 years on their child’s 18th birthday.(조건 사항)애초부터 8천불로 본다 During 2017, John paid $7,000 directly to Mary and $3,000 to Spring College for Mary’s tuition.(낼 것 대신 내주는 것 인정) What amount of these payments should be reported as income in Mary’s 2017 income tax return? Deduction 받는 것이 얼마?

Answer 3

A. $5,600 B. $8,000 C. $8,600 D. $10,000

Question 4

4. In a divorce settlement, the ex-husband was required by court order to pay his ex-wife
   $36,000 in alimony. She received $25,000 in cash, a painting valued at $10,000, and the use of his beach house, valued at $3,000. What amount of gross income should she report as alimony?

Answer 4

A. $25,000 B. $35,000 C. $36,000 D. $38,000