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Joanna received $78,900 compensation from her employer, the value of her stock in ABC company appreciated by $12,200 during the year (but she did not sell any of the stock), and she received $46,400 of life insurance proceeds from the death of her husband. What is the amount of Joanna's gross income from these items?

Respuesta :

david8644

Answer:

$78,900

Explanation:

In the gross income from the items, Joana should only put the compensation form his employer, since she didn´t sell the actions yet, she souldn´t declare that either, and the money perceived from the life insurance on her husband is tax free in all of the United States and should not be put into the gross income.

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