A Taxpayer Will Be Ineligible for the Earned Income Credit

question 2170

Multiple Choice

A taxpayer will be ineligible for the earned income credit if he or she has disqualified investment income of more than $3,500 in 2018. Disqualified income includes all the following except

• A) net rental income.
• B) tax- exempt interest.
• C) net capital gains.
• D) self- employment income.

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Definitions:

Webinars

Online seminars or workshops where participants can interact with the presenter, usually conducted through a web conferencing platform.

Credit Card Promotions

Marketing efforts aimed at attracting new customers or retaining existing ones by offering benefits such as rewards, cash back, or special financing terms to credit card users.

Pushing Strategy

Personal selling to market an item to wholesalers and retailers in a company’s distribution channels.

Public Relations

Organization’s communications and relationships with its various public audiences.