One type of imputed income that always escapes taxation is
A)Bargain purchases by employees.
B)Value of growing one's own vegetables for personal consumption.
C)Payment of personal expenses by a corporation in which stock is owned.
D)Interest free loan from parents.

Question

Quizplus · Accepted Answer

The value of growing one's own vegetables for personal consumption is considered imputed income, but it is generally not taxed because it is not considered a source of income.

One Type of Imputed Income That Always Escapes Taxation Is