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    Exam 3: Tax Formula and Tax Determination an Overview of Property Transactions
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    An Individual Taxpayer Uses a Fiscal Year of March 1
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An Individual Taxpayer Uses a Fiscal Year of March 1

Question 47

Question 47

True/False

An individual taxpayer uses a fiscal year of March 1 to February 28.The due date of this taxpayer's Federal income tax return is May 15 of each tax year.

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