Hrb 16 depreciation exam - Study guides, Class notes & Summaries
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HRB FINAL EXAM | QUESTIONS & ANSWERS (VERIFIED) | LATEST UPDATE | GRADED A+
- Exam (elaborations) • 57 pages • 2024
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HRB FINAL EXAM | QUESTIONS & 
ANSWERS (VERIFIED) | LATEST 
UPDATE | GRADED A+ 
What is the Difference between earned income and unearned income? 
Correct Answer: Earned income is received for services performed. Examples are 
wages commissions, tips and generally farming and other business income . Taxable 
income other than that received for services performed. Unearned Income includes 
money received ro the investment of money or other property, such as interest, 
dividends, and royal...
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