13. Assess the following situation to determine whether you need to report the income to the IRS on your tax return. A. You received $9 in interest from your bank. Your bank doesn't issue a 1099-int unless you received $10 in interest do you need to claim the me$9 and interest on income on your tax return. B. You are a bartender with your neighbor who is an attorney you babysat their children in the state called $1,000 in legal services do you need to report this and come on your tax return.
13. Assess the following situation to determine whether you need to report the income to the IRS on your tax return. A. You received $9 in interest from your bank. Your bank doesn't issue a 1099-int unless you received $10 in interest do you need to claim the me$9 and interest on income on your tax return. B. You are a bartender with your neighbor who is an attorney you babysat their children in the state called $1,000 in legal services do you need to report this and come on your tax return.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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13. Assess the following situation to determine whether you need to report the income to the IRS on your tax return.
A. You received $9 in interest from your bank. Your bank doesn't issue a 1099-int unless you received $10 in interest do you need to claim the me$9 and interest on income on your tax return.
B. You are a bartender with your neighbor who is an attorney you babysat their children in the state called $1,000 in legal services do you need to report this and come on your tax return.
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