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What is Allie gross income

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Question - Allie started her new job in 2020. She received the following payments or benefits paid on her behalf by her employer.

-$84,000 in salary.

-$6,000 contribution to employer qualified pension plan for her.

-$9,250 contribution to her employer's qualified health insurance plan for her.

-$8,400 in bonus for the year (paid in January 2021 for 2020)

-$7,500 Board of Director's fee since she is a member of the company BOD.

-$800 for group term life insurance coverage of $50,000

-$1,400 for a whole life insurance policy with a face value of $100,000

-$2,200 for disability insurance premiums (no elections made)

Required - What is Allie's gross income for 2020?

Reference no: EM132894261

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