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    Business
  3. Study Set
    Federal Taxation
  4. Exam
    Exam 4: Gross Income: Concepts and Inclusions
  5. Question
    In the Case of a Person with Other Income of $300,000
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In the Case of a Person with Other Income of $300,000

Question 20

Question 20

True/False

In the case of a person with other income of $300,000, 15% of his or her Social Security benefits received are excluded from gross income.

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