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31 July, 07:35

All of the following amounts are excluded from gross income, except: a. Veterans' benefits b. Scholarship grants for tuition c. Gifts d. Tips and gratuities e. Child support payments

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  1. 31 July, 08:02
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    d. Tips and gratuities

    Explanation:

    Tips and Gratuities are not excluded from gross profit liable to tax. Tips serves as an additional income gotten as a result of you being a worker in an organization. It is an extra salary income.

    Gratuity refers to the lump sum of money gotten after retirement. they are both included while calculating gross income.
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