Gifts received from family and friends are included in gross income.
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Q20: One's average tax rate is typically lower
Q21: To receive the most favorable capital gains
Q22: An investment must be owned over two
Q23: Mortgage interest and paid home property taxes
Q24: A short-term capital gain would be taxed
Q26: The Medicare portion of the FICA tax
Q27: Portfolio-related expenses can be written off against
Q28: Dividends received from the stock you own
Q29: You should itemize deductions when total itemized
Q30: A long-term capital gain is taxed at
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