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    Federal Taxation
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    Exam 20: Gross Income: Exclusions
  5. Question
    While Payments Received Because a Person Has Been Physically Injured
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While Payments Received Because a Person Has Been Physically Injured

Question 61

Question 61

True/False

While payments received because a person has been physically injured are excluded from gross income,payments on account of non-physical injury must be included in gross income.

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