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 fair market value of land that the taxpayer inherited from an uncle.
d. The dividend income on shares of stock that the taxpayer received for services rendered.
Answer: D
Tax
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- Income in respect of a cash-basis decedent
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