Identify Which of the Following Statements Is False

question 21

Multiple Choice

Identify which of the following statements is false.

• A)Earned income is excludable from gross income only if it is foreign-source income.
• B)Taxable pensions and annuities are excluded from the definition of earned income when computing the foreign-earned income exclusion.
• C)An individual meets the bona fide resident test by establishing a home in a foreign country for 330 days.
• D)All of the above are false.

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Definitions:

Whiteness

A social construct that privileges white people and is often associated with societal norms, values, and practices.

Status Quo

The existing state of affairs or current condition, often used in discussions about social, political, or economic issues to describe the present situation.

Slave Economy

The slave economy refers to an economic system that relies heavily on the forced labor of enslaved individuals for agricultural and industrial production, particularly prominent in the American South before the Civil War.

Plantation Owners

Individuals or entities that owned large agricultural estates historically, often relying on enslaved or indentured labor, particularly in the context of the Americas and colonial periods.