Examen
W!SE Financial Literacy Certification Top Common Tested Questions And Correct Answers
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Earned Income Income derived from active participation in a trade or business, including wages, salary, tips, commissions and bonuses. Unearned Income Any income that comes from investments and other sources unrelated to employment services. Examples: interest from a savings account, bond interest, alimony, and dividends from stock Exemptions (aka allowance) and how they work If you are not claimed as a dependent on another taxpayer's return, then you can claim one personal tax exemption. The exemption reduces your taxable income just like a deduction does, but has fewer restrictions to claiming it. If you are married and file a joint tax return, both you and your spouse each get an exemption.
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W!SE Financial Literacy
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W!SE Financial Literacy
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Escuela, estudio y materia
- Institución
- W!SE Financial Literacy
- Grado
- W!SE Financial Literacy
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- Subido en
- 13 de marzo de 2024
- Número de páginas
- 15
- Escrito en
- 2023/2024
- Tipo
- Examen
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- Preguntas y respuestas
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wse financial literacy certification top common t
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