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Only One Spouse Must Sign a Jointly Filed Form 1040

question 70

True/False

Only one spouse must sign a jointly filed Form 1040.


Definitions:

Right of Survivorship

A legal principle in real estate that allows property to automatically pass to the surviving owner(s) upon the death of another owner.

Joint Tenants

Property owners holding property under joint tenancy, where each has an equal and undivided right to keep or dispose of the property.

Undivided Interest

Ownership rights in a property shared by all co-owners, without any designated portion belonging to any one owner.

Executes

Carries out, completes, or performs a task, agreement, or legal document.

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