Indicate whether each of the items listed below would be included (I) in or excluded (E) from gross income for the 2012 tax year.
________a. Welfare payments
________c. Hobby income
________d. Scholarships for room and board
________e. $300 set of golf clubs, an employee award for length of service
________f. Severance pay
________g. Ordinary dividend of $50
________h. Accident insurance proceeds
________k. Tips and gratuities
This question was answered on: Jul 11, 2017
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