Why Totally Be Extremely Tax Preparer: Difference between revisions
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Revision as of 13:46, 23 October 2024
The IRS has set many tax deductions and benefits in their place for individuals. Unfortunately, some taxpayers who are earning a high level of income can see these benefits phased out as their income increases.
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B) Interest earned, however it is not paid, throughout a bond year, must be accrued after the bond year and reported as taxable income for that calendar year in how the bond year ends.
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