Which of the following is not one of the three basic categories for individual income?
A) active income
B) passive income
C) gross income
D) portfolio income
Correct Answer:
Verified
Q81: For tax purposes,head of household refers to
A)the
Q82: The tax rate on capital gains for
Q83: _ income is subject to federal taxes.
A)Gross
B)Adjusted
Q84: Your income tax withholding is dependent on
A)income
Q85: _ would not be considered taxable income.
A)Child
Q87: _ would be considered taxable income.
A)An inheritance
Q88: Your take-home pay is what you are
Q89: The standard deduction is a blanket deduction
Q90: Tom sold mutual fund shares he had
Q91: Ben and Jack both earned $60,000 this
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