H&R Block Quiz Ch's 1-5 Questions And Answers
H&R Block Quiz Ch's 1-5 Questions And Answers What is Gross Income? ANS - Any money that you made or worked for that is subject to tax. Also, all world-wide income from whatever source derived, unless specifically excluded from taxation by law. (Money realized in any form whether in money, property, or services.) Income ANS Financial gain derived from labor(work), capital (money), or a combination of the two. The financial gain derived from labor is generally referred to as "wages". What is Earned Income? ANS Financial gain "that is" received for "services performed." Some examples of this include wages, commissions, tips, and generally, farming and other business income.
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- hr block quiz chs 1 5
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hr block quiz chs 1 5 questions and answers
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what is gross income ans any money that you m
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