Copyright

Imputed Income & Realization: Definition & Examples

Instructions:

Choose an answer and hit 'next'. You will receive your score and answers at the end.

question 1 of 3

Which of the followings is not example of imputed income?

Create Your Account To Take This Quiz

As a member, you'll also get unlimited access to over 79,000 lessons in math, English, science, history, and more. Plus, get practice tests, quizzes, and personalized coaching to help you succeed.

Try it risk-free
Try it risk-free for 30 days. Cancel anytime
Already registered? Log in here for access

1. Imputed income is _____.

2. Which of the followings is true in the context of taxation of imputed income?

Create your account to access this entire worksheet
A Premium account gives you access to all lesson, practice exams, quizzes & worksheets
Access to all video lessons
Quizzes, practice exams & worksheets
Certificate of Completion
Access to instructors
Create an account to get started Create Account

About This Quiz & Worksheet

This tool can let you see exactly how much you know about imputed income and realization. With questions testing you on a definition, reporting requirements and inclusions of imputed income, you'll be able to find out just what you remember.

Quiz & Worksheet Goals

Review these topics:

  • The relationship between imputed income and taxation
  • An inclusion to imputed income
  • Something exempt from imputed income
  • Those required to report imputed income

Skills Practiced

  • Making connections - use understanding of the concept of imputed income and taxation to answer questions
  • Knowledge application - use your knowledge to answer questions about an inclusion to imputed income
  • Interpreting information - verify that you can read information regarding an exclusion from imputed income and interpret it correctly

Additional Learning

Imputed Income & Realization: Definition & Examples is the lesson you can read alongside this quiz and worksheet. Providing you with more information, you can use the lesson to learn more about:

  • Memberships that are included in imputed income
  • An example of imputed income
  • Employer requirements for imputed income in gross wages
Support