Examlex
John has noticed that every night he awakens to go to the restroom at about 4:00 AM. This is an example of a(n) __________
Tax Liability
The total amount of taxes an individual or organization is legally obligated to pay to a taxation authority.
Taxable Income
The amount of income used to determine how much tax an individual or a company owes to the government.
Taxable Income
The portion of an individual's or corporation's income that is subject to taxes according to federal, state, or local laws.
Tax Liability
The total amount of tax that an individual or business owes to the government.
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