Rob won a new automobile (with a sticker price of $15,700 and a market value of $14,500) for being the best junior tennis player in 2016

For each of the following independent cases, indicate the amount of gross income that must be included on the taxpayer’s 2016 income tax return. a. Malchia won a $4,000 humanitarian award. $___________________ b. Rob won a new automobile (with a sticker price of $15,700 and a market value of $14,500) for being the best junior tennis player in 2016. $___________________ c. George received a $3,500 tuition and fees scholarship to attend Western University. $___________________ View Solution:
For each of the following independent cases indicate the amount

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