Put T for Taxable income or N for Nontaxable income beside each item below as it normally would be treated for tax purposes.
-Cash dividend

Name: Put T for Taxable income or N for Nontaxable income beside each item below as it normally would be treated for tax purposes. -Cash dividend
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Question

Quizplus · Accepted Answer

Cash dividends are typically considered taxable income for the recipient and must be reported on their tax return.

Put T for Taxable Income or N for Nontaxable Income