If you received 12050 in interest payment you may round, Financial Accounting

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If you received 12050 in interest payment you may round

1. If you received $120.50 in interest payment, you may round this off and ener $120 on your tax return?

A) True

B) False

2. The same filing requirements that apply to individuals determine if a final return must be filed for a person who dies during the year?

A) True

B) False

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Financial Accounting: If you received 12050 in interest payment you may round

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