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04-02-2020
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All of the following amounts are excluded from gross income, except: a. Veterans' benefits b. Child support payments c. Gifts d. Scholarship grants for tuition e. Tips and gratuities

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zuwairahdahir zuwairahdahir

05-02-2020

Answer:

e. Tips and gratuities

Explanation:

You must include in your gross income all wages and benefits, salaries and tips received in respect of performance services as an employee. Once you get tips, the tip money you get will be payed by you for Medicare and social security. For the IRS, tips is just like wages to become a taxable income.

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