I suppose the answer would be seven. There were six shark attacks that resulted in death: the girl at the very beginning, the dog, the little boy (Alex Kintner), the guy in thâ¦e lagoon who gets his leg bitten off, Ben Gardner, and Quint the shark hunter.
Code Section 451(d) provides that, under certain circumstances, crop producers reporting on the cash method of accounting may elect to include crop insurance and disaster payments in income of the tax year following the taxable year of crop destruction or damage.
Oftentimes the proceeds from the insurance policy may accrue interest between the date of death and the actual date of remittanceâand that is taxable income. You will likely receive a Form 1099-INT from the insurance company at year end, make sure you include this amount on your income tax return.