THIS USER ASKED 👇
1. which of the following is not true concerning income tax refunds? (1 point) it is advantageous to receive a large sum of money in the form of a refund so that you can use the money to pay down debt. you are essentially giving the government an interest–free loan. it means that you are having too much deducted from your paycheck. you haven’t properly evaluated your personal tax circumstances. 2. when claiming dependents, they must meet the following criteria except: (1 point) the dependent must be a relative. the dependent must reside with you for the entire year. the dependent must be under nineteen years of age unless he or she is a full–time student (under 24 years old). the dependent was unable to provide over half of his or her support for the year. 3. if you opt to put money in a medical flexible spending account rather than trying to amass enough medical expenses to itemize on your tax return, you are taking advantage of (1 point) a credit a holding a deduction an exclusion 4. a form of taxation in which everyone pays an equal rate of taxes is called a (1 point) progressive tax regressive tax flat tax net tax 5. a form of taxation in which the highest income earner pays the largest percentage of taxes is called a (1 point) progressive tax regressive tax flat tax net tax
THIS IS THE BEST ANSWER 👇
Let me see how I can help. 1. The one that is not true It is advantageous to get a large sum of money in the form of repayment so that you can use the money to pay off debts. That’s really a thing that is not beneficial at all so debts would not be covered consistently. 2. If you want to alleviate dependence you need to live with the person for at least a year so it would be the 2nd choice. 3. You will benefit from exclusion because you are excluding your money from a tax return. 4. When everyone pays an equal rate of taxes it is a flat tax (Business terms) 5. Paying the highest earnings gives a progressive tax on the percentage of larvae that refer to the tax rate that goes from low to high
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