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