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Which of the following statements is TRUE regarding railroad retirement benefits? Railroad retirement benefits are exempt from federal and state taxation. Railroad retirement benefits are

Which of the following statements is TRUE regarding railroad retirement benefits?

Railroad retirement benefits are exempt from federal and state taxation.

Railroad retirement benefits are exempt from state tax in every state.

The Railroad Retirement Act specifically states that railroad retirement is taxable in certain states.

Social security equivalent benefits (SSEB) are taxed by the state if they are taxed on the federal return.

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