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B. Warrant
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D. Documentation of the scene
E. Legal document
Answer: A
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Darr, an employee of Sorce C corporation, is not a shareholder. Which of the following would be included in a taxpayer's gross income?
A. Employer-provided medical insurance coverage under a health plan.
B. A $10,000 gift from the taxpayer's grandparents.
C. The dividend income on shares of stock that the taxpayer received for services rendered.
D. The fair market value of land that the taxpayer inherited from an uncle.
Answer: C
Explanation:
Explanation
Choice "d" is correct. An individual receiving common stock for services rendered must recognize the fair market value as ordinary income. Any dividends received on that stock would also result in income recognition.
Choice "a" is incorrect. Employer-provided medical insurance is a tax-free fringe benefit.
Choices "b" and "c" are incorrect. Gifts and inheritances are both tax-free to the recipient.
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A. Pattern matching
B. Signature based
C. DHCP based
D. Denial of Service (DoS)
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