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14 June, 09:19

A taxpayer should include which of the following when figuring their federal gross income?

a. Prior-year federal income tax refund.

b. Ordinary dividends.

c. Personal injury compensation.

d. Qualified disaster relief payments.

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  1. 14 June, 12:26
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    b. Ordinary dividends.

    Explanation:

    To calculate the federal gross income, all taxable income must be included, which includes ordinary and non-ordinary dividends.
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