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Unemployment Benefits: § 85

30 July, 2015 - 11:59

A taxpayer must include in his/her gross income unemployment compensation. § 85.


Do: CALI Lesson, Basic Federal Income Taxation: Gross Income: The Taxability of Employment Connected Payments: Fringe Benefits, Meals and Lodging, Unemployment Compensation, and Social Security Benefits. Several of the questions are derived from the next section of the text. You should do the Lesson twice: now and when you finish reading the next section.