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Zina [86]
3 years ago
6

A gift received from a financial institution for opening a bank account is not taxable income to the recipient. True False

Social Studies
2 answers:
igor_vitrenko [27]3 years ago
7 0

Answer: False

Explanation:

the fair market value of gifts or services a taxpayer receives for opening a bank account is taxable income.

Snezhnost [94]3 years ago
4 0

Answer: False

Explanation:

It a taxable income

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