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romanna [79]
3 years ago
12

Terrance has to make home mortgage payments.What can you Most likely conclude about Terrence based on this fact?

Business
1 answer:
pantera1 [17]3 years ago
3 0

Answer:

D. He has a long term liability.

Explanation:

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<h2><u>Required</u><u> Answer</u><u> </u><u>:</u><u>-</u></h2>

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8 0
2 years ago
If their gross income exceeds $600,
nataly862011 [7]

If Estates are required to file income tax returns if their gross income exceeds $600 and all corporations must file regardless of income. This is called <u> Tax filing requirements.</u>

<u />

<h3>What is Tax filing requirements?</h3>

Tax filing requirements can be defined as the requirement a person or a tax payer  is expected to meet or abide by while filing for tax return.

Tax payer must always check tax filing requirement in order to know whether they meet the requirement before filling for a tax return.

Therefore  this is called <u> Tax filing requirements.</u>

The complete question is:

Estates are required to file income tax returns if their gross income exceeds $600. All corporations must file regardless of income.

Learn more about Tax filing requirements here:brainly.com/question/14748046

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