Which of the following forms of income is not taxed under the personal income tax?

Name: Which of the following forms of income is not taxed under the personal income tax?
Brand: Quizplus
Rating: 5.0 (48 reviews)

Question

Quizplus · Accepted Answer

Inheritance is not taxed under personal income tax, as it is not considered to be regular income earned by an individual. Capital gains, salaries, royalties, and dividends are all forms of income that are typically subject to personal income tax.

Which of the Following Forms of Income Is Not Taxed