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  3. Study Set
    Income Tax Fundamentals
  4. Exam
    Exam 2: Gross Income and Exclusions
  5. Question
    Which of the Following Is Classified as Nontaxable Income
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Which of the Following Is Classified as Nontaxable Income

Question 79

Question 79

Multiple Choice

Which of the following is classified as nontaxable income?


A) Unemployment compensation
B) Dividend income
C) Income from real estate rental property
D) Welfare payments
E) None of these

Correct Answer:

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