Aaron Found a Prototype of a New Pair of Glasses

question 9

Essay

Aaron found a prototype of a new pair of glasses with Internet service and other computing capabilities while in a bar one evening. He offered the prototype to the owner of a magazine and blog that reviews new digital devices. The owner paid Aaron $10,000 in return for the prototype. What tax issues should Aaron consider?

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Definitions:

DSM-II

The second edition of the Diagnostic and Statistical Manual of Mental Disorders, published by the American Psychiatric Association as a standard classification of mental disorders.

Homosexuality

An orientation describing those who experience romantic or sexual feelings towards people of their own gender.

Diagnostic and Statistical

This term seems incomplete and might refer to the "Diagnostic and Statistical Manual of Mental Disorders (DSM)," a guide for diagnosing mental disorders.

Havelock Ellis's View

The perspective of Havelock Ellis, a British physician and psychologist, who was an early researcher of human sexuality and a proponent of sexual education and reform.