Which of the following statements with respect to Subdivision d income inclusions is correct?

Question

Quizplus · Accepted Answer

Subdivision d income inclusions refer to certain types of income that are included in an individual's taxable income, even though they may not be considered regular employment income. Retiring allowances received upon retirement or termination of employment are included in this category and must be fully included in income.

Option A is incorrect as death benefits received by a spouse are generally tax-free. 
Option B is incorrect as scholarships received for post-secondary education may be partially or fully exempt from tax. 
Option D is incorrect as social assistance payments received, such as welfare or disability benefits, are considered taxable income.

Which of the Following Statements with Respect to Subdivision D