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  3. Study Set
    Taxation for Decision Makers
  4. Exam
    Exam 3: Determining Gross Income
  5. Question
    Put T for Taxable Income or N for Nontaxable Income
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Put T for Taxable Income or N for Nontaxable Income

Question 117

Question 117

Short Answer

Put T for Taxable income or N for Nontaxable income beside each item below as it normally would be treated for tax purposes.
-State tax refund of a nonitemzer.

Correct Answer:

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