Taxpayers Need Not Include an Income Item in Gross Income

question 63

True/False

Taxpayers need not include an income item in gross income unless there is a specific tax provision requiring the taxpayer to include the income item in gross income.

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Definitions:

Open Windows

Refers to the action of launching new windows on a computer interface, enabling multiple tasks or programs to be viewed and interacted with simultaneously.

Desktop

The primary user interface screen in many computer operating systems, where icons, windows, and other graphical elements can be displayed and interacted with.

Properties Dialog Box

A user interface element in software applications that displays the attributes or settings of a file, resource, or application for viewing or editing.

Hard Drive

A non-volatile storage device used to store and retrieve digital information using rapidly rotating disks coated with magnetic material.