when calculating federal income taxes, \gross income\ includes all of the following except: earned income…

when calculating federal income taxes, \gross income\ includes all of the following except: earned income passive income investment income alimony earned income credit

when calculating federal income taxes, \gross income\ includes all of the following except: earned income passive income investment income alimony earned income credit

Answer

Brief Explanations:

Gross income for federal income - tax calculation includes earned income, passive income, investment income, and alimony. Earned income credit is a tax credit, not part of gross income. It is subtracted from the tax liability after gross income is calculated and adjusted.

Answer:

E. Earned income credit