Which of the Following Is Not Excluded from Income? (Assume

question 31

Multiple Choice

Which of the following is not excluded from income? (Assume that any amounts received by the taxpayer were kept.)

• A)public assistance payments.
• B)fair market value of prize won on a game show.
• C)gifts and inheritances.
• D)life insurance proceeds paid by reason of death.

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Definitions:

Developmental Outcome

The result or consequence of a series of developmental processes, indicating an individual's growth or lack thereof.

Inborn Trait

A characteristic, feature, or talent genetically inherited from one's parents at birth.

Sensitive Caregiver

A caregiving approach that is attentive and responsive to the emotional and physical needs of those being cared for.

New York Longitudinal Study

A significant research project that began in the 1950s, focusing on the temperament and development of children from infancy through adulthood.