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Which of the following is not taxable for income tax purposes? a.Prizes. b.Partnership income. c.Severance pay. d.Gifts. e.All of these choices are taxable.

Which of the following is not taxable for income tax purposes?

a.Prizes.

b.Partnership income.

c.Severance pay.

d.Gifts.

e.All of these choices are taxable.

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