Business, 24.12.2019 21:31 TheGingerDevl7762

Hal gore won a $1.5 million prize for special contributions to environmental research. this prize is awarded for public achievement, and hal directed the awarding organization to transfer $517,500 of the award to the environmental protection agency. how much of the prize should hal include in his gross income? a. $517,500.b. $982,500.c. $1.5 million. d. none of the choices are correct because all prizes are excludible. e. none of the choices are correct because prizes from charities are excludible.

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Hal gore won a $1.5 million prize for special contributions to environmental research. this prize is...

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