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Early in the Year, Marion Was in an Automobile Accident

question 66

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Early in the year, Marion was in an automobile accident during the course of his employment.As a result of the physical injuries he sustained, he received the following payments during the year:  Reimbursement of medical expenses Marion paid by a medical  insurance policy he purchased $10,000 Damage settlement to replace his lost salary 15,000\begin{array}{lr}\text { Reimbursement of medical expenses Marion paid by a medical }\\\text { insurance policy he purchased } & \$ 10,000 \\\text { Damage settlement to replace his lost salary } & 15,000\end{array} ? What is the amount that Marion must include in gross income for the current year?


Definitions:

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Umbilical Catheter

A thin tube inserted into one of the blood vessels in the umbilicus (navel) of a newborn for administering medication, fluids, or for drawing blood.

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