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Tina Is the Owner of a Piano Tuning Business

Question 144

Multiple Choice

Tina is the owner of a piano tuning business. As a sole proprietor, any profit she earns is:


A) taxed twice, once as a business and then again as Tina's income.
B) treated as personal income of Tina.
C) not subjected to any tax.
D) taxed only when she withdraws the money from a bank.

Correct Answer:

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