Which of the following would be considered income in kind?

Name: Which of the following would be considered income in kind?
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Income in kind refers to the benefits received in the form of goods or services, rather than money. Food stamps, which provide access to free or discounted food, are an example of income in kind. Tax refunds, yard sales, and reductions in tax rates are not income in kind as they either involve money or a reduction in the amount of taxes owed.

Which of the Following Would Be Considered Income in Kind