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Tasha receives reimbursement from her employer for dependent-care expenses for up to $8,000. Tasha applies for and receives reimbursement of $6,000 for her 10-year-old son. How much, if any, is includible in her income?
Stock Split
A corporate action in which a company divides its existing shares into multiple shares to boost the liquidity of the shares, making them more affordable to small investors.
Shares
Shares represent units of ownership interest in a corporation or financial asset, providing shareholders with a proportion of the company's profits and a claim on assets.
Earnings Per Share
A financial metric calculated as a company's net income divided by the number of outstanding shares, indicating the profitability per share.
Preferred Stock
A class of ownership in a corporation that has a higher claim on assets and earnings than common stock, typically with fixed dividends.
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