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Federal Income Tax 1 The instructions accompanying the federal income tax return (Form 1040) provide examples of items that must be included in gross income,

Federal Income Tax

1 The instructions accompanying the federal income tax return (Form 1040) provide examples of items that must be included in gross income, but they do not list all possible types of income subject to tax. Would these instructions be improved if they included a complete listing of taxable sources of income?

2 What were the changes were made in 2020 and 2021 to federal unemployment compensation because of the COVID-19 pandemic?

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