Multiple Choice
Which of the following is not excluded from income?
A) public assistance payments
B) fair market value of prize won on a game show
C) gifts and inheritances
D) life insurance proceeds paid by reason of death
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q87: A taxpayer may avoid tax on income
Q88: Hope receives an $18,500 scholarship from State
Q89: Fatima's employer funds child care for all
Q90: Joe Black,a police officer,was injured in
Q91: Amounts withdrawn from qualified tuition plans are
Q93: All of the following are requirements for
Q94: Julia suffered a severe stroke and has
Q95: Felice is in the hotel management field.She
Q96: "No additional cost" benefits are excluded from
Q97: The discharge of certain student loans is