Explain three income exclusions your client could exercise


Taxation Discussion: "Tax Exclusions"

• Your client is seeking advice about exclusions from income. Explain at least three income exclusions your client could exercise. Provide a clear example to support each exclusion identified.

• Obtain a form 1040 income tax return. Review the form 1040 and determine where the exclusions identified are located in the form. Identify the section that applies to the exclusion and explain why.

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

Attachment:- F1040.rar

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Taxation: Explain three income exclusions your client could exercise
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