27
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Insurance — Unit test

Question 27 • Personal Finance - SC 26-27 (For Credit)

What common misconceptions about paying taxes exist? Check all that apply.

Answer
A
A person who is unable to pay taxes does not have to pay them.
B
A person who chooses not to pay taxes does not have to pay them.
C
Simply forgetting to file taxes will not result in jail time.
D
Making a mistake on your taxes will likely result in a fine.
E
Depending on a person’s salary, he or she may be exempt from taxes.
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