Receipt of property or services does not trigger income recognition for tax purposes.
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Q27: Banks and credit unions report interest income
Q28: Payments received under workers' compensation acts are
Q29: If an employee receives a prize or
Q30: Taxpayers are not required to "impute interest"
Q31: Employer-paid premiums on group-term life insurance in
Q33: A taxpayer must report in income imputed
Q34: If a taxpayer is economically better off
Q35: If a person sells his or her
Q36: If Alex,an attorney,agrees to provide legal services
Q37: When an individual's marginal ordinary income tax
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