For each of the following situations, indicate how much the taxpayer is required to include in gross income: Note: Leave no answer blank. Enter zero if applicable. Required: a. Steve was awarded a $7,050 scholarship to attend State Law School. The scholarship pays Steve's tuition and fees. b. Hal was awarded a $23,800 scholarship to attend State Hotel School. All scholarship students must work 20 hours per week at the School residency during the term.
For each of the following situations, indicate how much the taxpayer is required to include in gross income: Note: Leave no answer blank. Enter zero if applicable. Required: a. Steve was awarded a $7,050 scholarship to attend State Law School. The scholarship pays Steve's tuition and fees. b. Hal was awarded a $23,800 scholarship to attend State Hotel School. All scholarship students must work 20 hours per week at the School residency during the term.
Chapter9: Deduct Ions: Employee And Self-employed - Related Expenses
Section: Chapter Questions
Problem 31P
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Question
![For each of the following situations, indicate how much the taxpayer is required to include in gross income:
Note: Leave no answer blank. Enter zero if applicable.
Required:
a. Steve was awarded a $7,050 scholarship to attend State Law School. The scholarship pays Steve's tuition and fees.
b. Hal was awarded a $23,800 scholarship to attend State Hotel School. All scholarship students must work 20 hours per week at the
School residency during the term.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fcdb10454-3b7d-4441-b1a7-d57b2ee3be17%2Fdda0e786-0982-4efe-8f0f-5a4d5f12c848%2F9ksja5_processed.jpeg&w=3840&q=75)
Transcribed Image Text:For each of the following situations, indicate how much the taxpayer is required to include in gross income:
Note: Leave no answer blank. Enter zero if applicable.
Required:
a. Steve was awarded a $7,050 scholarship to attend State Law School. The scholarship pays Steve's tuition and fees.
b. Hal was awarded a $23,800 scholarship to attend State Hotel School. All scholarship students must work 20 hours per week at the
School residency during the term.
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