Which of the Following Is Excluded from Gross Income

question 66

Multiple Choice

Which of the following is excluded from gross income?

• A)$50,000 slot machine winnings
• B)$13,900 value of Hawaiian vacation won on a game show
• C)$85,000 Pulitzer prize for journalism
• D)None of the above is excluded.

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Definitions:

Safety Glasses

Protective eyewear designed to shield the eyes from flying debris, dust, or chemicals, commonly used in industrial and laboratory environments.

Safety Goggles

Protective eyewear designed to shield the wearer's eyes from impact hazards, dust, and chemical splashes.

Face Shield

A protective gear that covers the face, typically made from transparent material, to protect the wearer from injuries or harmful substances.

High-Voltage Wires

Electrical wires designed to carry high voltages, crucial in power transmission and certain automotive applications like electric vehicles.