Business, 11.09.2019 02:10 mikaylarichardson96

3. jennifer was married on july 1, 2018 and on that day received numerous gifts from her extended family. her grandfather presented jennifer with a check for $15,000; her uncle gave jennifer 1,000 shares of ford stock worth $10 per share (the uncle purchased the shares for $25 each); and her aunt presented jennifer with $50,000 of corporate bonds (jennifer received $1,500 of semiannual interest from the bonds on december 31, 2018). finally, jennifer's parents paid off $50,000 of her student loans debt including $2,000 of accrued interest. what amount, if any, must jennifer include in gross income for 2018?

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3. jennifer was married on july 1, 2018 and on that day received numerous gifts from her extended fa...

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