250211 Knowledge Check

TAXABLE or NON-TAXABLE: Interest received from life insurance’s annuity 

• TAXABLE

• NON-TAXABLE

TAXABLE or NON-TAXABLE: Interest income 

• TAXABLE

• NON-TAXABLE

TAXABLE or NON-TAXABLE: Mandatory retirement fee

• TAXABLE
• NON-TAXABLE

TAXABLE or NON-TAXABLE: Proceeds from life insurance policy, revocable designation of beneficiary

• TAXABLE
• NON-TAXABLE

TAXABLE or NON-TAXABLE: Annual clothing allowance of P4,000

• TAXABLE
• NON-TAXABLE

TAXABLE or NON-TAXABLE: Income derived from smuggling

• TAXABLE
• NON-TAXABLE

TAXABLE or NON-TAXABLE: Gains from redemptions of mutual funds

• TAXABLE
• NON-TAXABLE

TAXABLE or NON-TAXABLE: Pensions, in general

• TAXABLE
• NON-TAXABLE

TAXABLE or NON-TAXABLE: Professional athlete's salary

• TAXABLE
• NON-TAXABLE

TAXABLE or NON-TAXABLE: Hazard Pay received by MWE

• TAXABLE
• NON-TAXABLE