With respect to the filing of a T1 Personal Income Tax and Benefits Return, which...
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Accounting
With respect to the filing of a T Personal Income Tax and Benefits Return, which of the following statements is correct? Question options: a If an individual has disposed of a capital property during the year, they are required to file an income tax return, even if no tax is payable. b An individual is required to file an income tax return if they have reached the age of by the end of the year. c An individual is required to file an income tax return if their only source of income is business income, even if no tax is payable. d An individual is not required to file an income tax return if no tax is payable for the year.
With respect to the filing of a T Personal Income Tax and Benefits Return, which of the following statements is correct?
Question options:
a
If an individual has disposed of a capital property during the year, they are required to file an income tax return, even if no tax is payable.
b
An individual is required to file an income tax return if they have reached the age of by the end of the year.
c
An individual is required to file an income tax return if their only source of income is business income, even if no tax is payable.
d
An individual is not required to file an income tax return if no tax is payable for the year.
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