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Which of the following is (are) true statements regarding taxation of government benefits? 1. Unemployment and workers compensation b inefits re ceived are aways exctuded
Which of the following is (are) true statements regarding taxation of government benefits? 1. Unemployment and workers compensation b inefits re ceived are aways exctuded from taxable income. 2. The amount of Social Security benefits received that are included in taxable income depend on a taxpayer's AGI but in no case can be more than 50% of benefits received both I and II Ionly II only neither I nor
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