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Tax Definitions and Abbreviations > Tax Definitions > Flashcards

Tax Definitions Flashcards

1
Q

Shared Responsibility Payment

A

Penalty under Obamacare for not enough coverage.

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2
Q

Information Return

A

A document that provides information to the IRS but does not require an immediate payment. irs.gov»guide to information returns

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Tax Definitions and Abbreviations (3 decks)

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