In the United States, Taxpayers Are Allowed to Exclude from Taxation

question 94

Multiple Choice

In the United States, taxpayers are allowed to exclude from taxation a certain amount of income, called

• A)the personal income exclusion.
• B)the income allowance.
• C)the income tax credit.
• D)the personal exemption.

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Definitions:

Femoral Artery

A major blood vessel in the thigh responsible for delivering blood to the lower leg.

Aortic Arch

The curved portion of the aorta, the largest artery in the body, from which major arteries to the head and arms branch off.

External Iliac Artery

A major artery which arises from the common iliac artery to supply blood to the lower limb.

Iliolumbar Artery

An artery that supplies blood to the ilium and lumbar regions of the spine.