You had a part time job that paid you $950 in one tax year. Do you have to file a
federal tax return?
OA. Yes.
OB. No.
O C. Yes. But my parents are responsible for filing it for me.
No. But if I am claimed on my parents tax return then I am required to file
OD
one.

Taxation is the process by which the legislature of a state levy taxes in order to compel proportional contributions from its subjects for public purposes.

Taxation is a method by which the state distributes its costs or burden to those who benefit from its spending.

Thus, Yes, a payment of $950 will attract federal tax in one year. Thus, Option A is the correct choice.

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You had a part time job that paid you $950 in one tax year. Do you have to file a federal tax return? OA. Yes. OB. No. O C. Yes. But my parents are responsible for filing it for me. No. But if I am claimed on my parents tax return then I am required to file OD one.

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What exactly is taxation?

Otras preguntas

You had a part time job that paid you $950 in one tax year. Do you have to file a
federal tax return?
OA. Yes.
OB. No.
O C. Yes. But my parents are responsible for filing it for me.
No. But if I am claimed on my parents tax return then I am required to file
OD
one.