Early in the Year, Marion Was in an Automobile Accident

question 68

Multiple Choice

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: What is the amount that Marion must include in gross income for the current year?

• A)$25,000.
• B)$15,000.
• C)$12,500.
• D)$10,000.
• E)$0.

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Definitions:

Extra Pounds

A term often used to refer to additional weight that a person carries, typically considered to be beyond what is healthy or normal for their body type and height.

Weights

Measures of the force of gravity acting on an object, commonly used in the context of physical objects or body mass.

Senior Moment

A momentary lapse in memory or confusion, often humorously attributed to the aging process.

Dementia

Dementia describes a category of brain conditions that cause a long-term and often gradual decrease in the ability to think and remember that is severe enough to affect a person's daily functioning.