AC553_W2_Solution5_21 - the reimbursement in 2012, he would...

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
1 Problem 5-21 Solution Workers’ Compensation All the mentioned insurance proceeds are excludable from Windsor’s gross income. If medical expenses were deducted on his 2011 tax return, then at the time he received
Background image of page 1
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: the reimbursement in 2012, he would have to recognize income to the extent of benefits received in 2012....
View Full Document

Ask a homework question - tutors are online