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Is Welfare income classified as ordinary income?

Updated: 8/18/2019
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14y ago

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No. Under the "General Welfare Doctrine", any government welfare payments are not included in taxable income.

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14y ago
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Q: Is Welfare income classified as ordinary income?
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The multi-step income statement is classified by function, and the single-step income statement is classified by behavior.


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What has the author Hannu Uusitalo written?

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