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Question 3/51
43:29
Income from illegal activities (such as the sale of illegal drugs, bribes received,
etc.) must be reported on your income tax return
True
False
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Answer :

Final answer:

Income from illegal activities must not be reported on tax returns.


Explanation:

False, income from illegal activities such as the sale of illegal drugs or bribes received must not be reported on your income tax return as it is obtained illegally. Reporting such income would essentially mean incriminating oneself, which is against the law.


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