Question

38. Jack received a court award in a civil libel od danders ist National Gosip Here amage to his professional reputation $100.000 d l a nda damages, Jack must include in his gross income a damage award dames to his profesward in a civili a. So. b. $100,000 c. $120,000 d. $270,000 e. None of these 39. Tommy, an automobile mechanic employed by Tommy decidei matt

Answer 1

Answer- (d) $270000

While calculating his gross income as a damage reward he must include these all three incomes i.e damages to professional reputation $120000, damages to his personal reputation $100000 and punitive damages $50000.