Chapter 4: Taxable Income

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Calculation of taxes is also affected by the type of income, each of which has it's own tax treatment

  1. Earned Income (salary, wages, and earnings from self-employment)
  2. Interest Income
  3. Dividend Income
  4. Passive Income (such as rental income)
  5. Capital gains (from sale of stock etc)

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  • 4 months ago by vince