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A teenager has just learned she is pregnant.Which of the following is the most expected response by the family?
Schedule B
A form used with the IRS tax return to report interest and ordinary dividend income.
Interest Income
Earnings received from investments like savings accounts, CDs, or bonds.
Taxpayer
An individual or entity that is obligated to make payments to municipal or governmental authorities based on income earned or property owned.
Provisional Income
It's the total income a person has, including tax-exempt interest and half of their Social Security benefits, used to determine the taxability of Social Security benefits.
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