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Which of the following is not taxable income for tax purposes? a. Social Security income for high-income taxpayers b. The fair value of services received

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

a. Social Security income for high-income taxpayers

b. The fair value of services received in an exchange for services.

c. Income from real estate rental property

d. Gifts made in a personal setting; for example, a $10,000 gift by a parent to a child to help buy a house.

e. None of the above

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