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uestion 16 ot yet swered arked out of 5.00 Flag uestion Income is important for the tabulation of individual tax liability. However, Not All

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uestion 16 ot yet swered arked out of 5.00 Flag uestion Income is important for the tabulation of individual tax liability. However, Not All Income is Taxable. Some Income is Included and Some are Excluded from being taxable Match these Included or Excluded income. pts 40 each Recovery of previously deducted income Payments for personal physical sickness and injury amount of any damages (other than punitive damages) received Royalties Meals and Lodging, Entertainment - limited Pensions Gifts and inheritances Interest Income(Net) Income from discharge of indebtedness Life insurance proceeds paid to a beneficiary because of the insured person's death Foreign-earned income up to income taxes pay to foreign countries. Choose... Choose... Unrealizable Unearned Revenue Included Excluded Not Applicable Choose Choose. 0 Choose Choose Choose... Choose

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