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Questions and Answers
The IRS can penalize you if you do not report all of your income
The IRS can penalize you if you do not report all of your income
True (A)
When reporting additional income, you must provide the payer's name, address, and taxpayer identification number
When reporting additional income, you must provide the payer's name, address, and taxpayer identification number
True (A)
Keeping track of your income throughout the year can help you determine if you need to make estimated tax payments
Keeping track of your income throughout the year can help you determine if you need to make estimated tax payments
True (A)
Filing your taxes accurately and reporting all income can help you avoid penalties from the IRS
Filing your taxes accurately and reporting all income can help you avoid penalties from the IRS
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