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Cash flows from investing activities do not include:
Federal Income Tax
An annual financial obligation collected by the IRS from individuals, corporations, trusts, and other legal organizations.
Gross Earnings
The total income earned by an individual or a business before any deductions or taxes are taken out.
Withholding Allowance
A claim made by an employee on a form W-4 to determine the amount of income tax withheld from their paycheck.
Federal Income Tax
A charge imposed by the IRS on the yearly income of persons, corporations, trusts, and various legal bodies.
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