BUISENESS MANAGEMENT
TAXES
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Salaries, wages and tips and represent what type of income?
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Dividend income
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interest income
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adjustable gross income
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earned income
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Explanation:
Detailed explanation-1: -What is Income from Salary? Salary means the money received by a person, referred to as an “employee” from an organization, referred to as an “employer” for offering specific services in connection with employment.
Detailed explanation-2: -Earned income is the money you make in salary, wages, commissions, or tips. Investment income is money you make by selling something for more than you paid for it. Passive income is money you make from something you own, without selling it.
There is 1 question to complete.