Items Included/Excluded From Gross Income Practice Test

For 2025, Riley, a head of household filer, inherited $8,500 from a relative and received $1,050 of dividends from stock holdings. Which income source is correctly excluded from gross income under IRS rules?

In tax year 2025, Quinn, married filing separately, received $70,000 of wages, $250 of interest from a savings account, and a $1,200 graduation gift from a grandparent. Which of the following items should be included in Quinn’s gross income?