Nicholas died on December 27,2020. His wife, Jessica has not remarried. On January 31,2021, Jessica received a check fro
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Nicholas died on December 27,2020. His wife, Jessica has not remarried. On January 31,2021, Jessica received a check fro
Nicholas died on December 27,2020. His wife, Jessica has notremarried. On January 31,2021, Jessica received a check from PartyCentral Inc. and a letter explaining that the check represents afinal payment for contract work Nicholas performed for them in2020. What is the correct and most favorable method of reportingthis income?