Solved: Marcy tucker received the following items this year, Financial Management

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Marcy tucker received the following items this year

Marcy Tucker received the following items this year. Determine to what extent each item is included in her AGI.

a. A $25,000 cash gift from her parents.

b. A $500 cash award from the local Chamber of Commerce for her winning entry in a contest to name a new public park.

c. $8,000 alimony from her former husband.

d. $100,000 cash inheritance from her grandfather.

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Financial Management: Marcy tucker received the following items this year

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