CH 02 Gross Income and Exclusions - Test Bank Town

Loan from college financial aid office. $1,000. Cash support from parents. $2,000. Ordinary cash dividend. ... A mobile home given to the taxpayer by his mother ... is given lodging valued at $1,000 a month on the oil rig where he is employed since it is impossible for Eric to go home during the period of time he is assigned to work on the rig. ................
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