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3. The Internal Revenue Code provides several income items that are excluded from gross income for tax. Please list and explain three exclusions. Provide specific

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3. The Internal Revenue Code provides several income items that are excluded from gross income for tax. Please list and explain three exclusions. Provide specific examples and include in your answer how the exclusion works and the reason the exclusion was created. (4 POINTS) Alling the ta formulalaulatubatavus ACI E DOINTS

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