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Which of the following is NOT a characteristic to consider in determining whether an amount is ordinary income in the hands of the recipient? 1.The
Which of the following is NOT a characteristic to consider in determining whether an amount is ordinary income in the hands of the recipient?
1.The character of the payment from the perspective of the payer
2.The payment is received regularly by the recipient
3.The receipt is a product of employment
4.The payment is made in the form of a lump sum
5.Whether the amount is money or convertible into money
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