Maggie is a cash method taxpayer in 2014 maggie received


Maggie is a cash method taxpayer. In 2014, Maggie received salary of $88,000 and in mid-December, her employer announced that Maggie would receive an additional year-end bonus of $10,000 in cash and a new TV worth $2,000. Maggie did not receive her bonus check until January 2015 and the TV did not arrive until March 2015. Determine the amount Maggie should include in her gross income for 2014.

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Financial Accounting: Maggie is a cash method taxpayer in 2014 maggie received
Reference No:- TGS01000535

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