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    taxable income

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    Most money we receive, unless it is a loan, is taxable income. There are exceptions. Can you cite one example and explain why it is not subject to income tax?

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    https://brainmass.com/business/accounting/taxable-income-306233

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    Social Security benefits are non-taxable if that is the only source of income for an individual. The reason for this is that Social Security is given to those who are in dire need of ...

    Solution Summary

    Most money we receive, unless it is a loan, is taxable income. There are exceptions. Can you cite one example and explain why it is not subject to income tax?

    $2.19

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