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Nastasia [14]
3 years ago
6

____ would be considered taxable income. Question 21 options: An inheritance from your grandmother's estate A gift from your aun

t Child support payments Alimony received A tuition scholarshi
Social Studies
1 answer:
Vilka [71]3 years ago
3 0

<u>Alimony received</u> would be considered taxable income.

<u>Explanation</u>:

Taxable income is defined as the amount taken into account for computing tax for the person or organization. This is the amount an individual or a company owes to the government in a given tax year.

A tax is an amount that is charged on a person or organization to contribute to state revenue. It is responsibility of the citizen to pay their taxes on time.

From the given choices: <u>alimony received is the taxable income</u>. Alimony is the legal obligation for financial support made by a person to their spouse after getting divorce.

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