Personal Income and Taxation
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This topic delves into personal income and disposable, income from employment and individual income tax, taxation on investments and business income, capital gains taxes, taxation of non-residents, income tax rates and brackets, filing status deductions and tax exemptions and tax credits.
Personal income includes compensation from a number of sources, including salaries, wages, and bonuses received from employment or self-employment, dividends and distributions received from investments, rental receipts from real estate investments, and profit sharing from businesses; this topic delves into personal income and disposable, income from employment and individual income tax, taxation on investments and business income, capital gains taxes, taxation of non- resident’s, income tax rates and brackets, filing status deductions and tax exemptions and tax credits.
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