Which of the following types of income is tax exempt? a. Unemployment compensation b. Income earned illegally

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Which of the following types of income is tax exempt?

a. Unemployment compensation

b. Income earned illegally

c. Dividends from foreign corporations

d. Municipal bond interest

e. Dividends from utility corporations’ stock

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Income Tax Fundamentals 2019

ISBN: 9781337703062

37th Edition

Authors: Gerald E. Whittenburg, Steven Gill

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Question Posted: Mar 02, 2019 05:13 AM

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Which of the following types of income is tax exempt? a. Unemployment compensation b. Income earned illegally

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Income Tax Fundamentals 2019

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