This lesson will provide users with scenarios in applying regulations concerning the exclusion of gifts, prizes, and related income from gross income calculations. Questions review Internal Revenue Code section 102.
Learning Outcome
On completion of the lesson, the student will be able to:
1. Apply the rules under I.R.C. § 102 and all its sub-sections.
Lesson Completion Time
20 minutes
Access Denied
Access to CALI Lessons is restricted to people affiliated with CALI member organizations and those who have purchased individual memberships. You may register or login to run CALI Lessons.
CALI Topics
Lesson Authors
Lesson ID
TAX107