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Which of the following is a false statement? A . The maximum amount of social security benefits that can be subject to tax is 5

Which of the following is a false statement?
A. The maximum amount of social security benefits that can be subject to tax is 50%
B. The FMV of prizes and awards are generally subject to tax.
C. Retirement plan income is generally subject to tax when received after retirement.
D. Stock splits and stock dividends are generally not taxed.
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