Which of the Following Would Result in a Reduction of Taxable

question 8

Multiple Choice

Which of the following would result in a reduction of taxable income?

• A) Portfolio income
• B) Tax credits
• C) Exclusions
• D) Passive income
• E) Earned income

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Definitions:

Atonia

Reduced muscle tone; condition of maximally low muscle inactivity produced by motor neuron inhibition.

Dreams

A series of thoughts, images, and sensations occurring in a person's mind during sleep.

Inability

The state of being unable to perform a task or action due to lack of skill, strength, or capacity.

REM Sleep

A sleep phase characterized by rapid eye movements, low muscle tone, and vivid dreaming, playing a key role in memory consolidation and emotional regulation.