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Grades 45 Lesson 1BUDGETING AND SAVING It's in Your Own Best Interest Key concepts:Summary:Needs and wants, opportunity cost, budgets, simple interest in savings accountsThis lesson introduces trade-offs
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ITS stands for Individual Tax Return.
Individuals who earn income above a certain threshold are required to file their Individual Tax Return.
You can fill out your Individual Tax Return either manually or electronically through the tax filing software or online platforms.
The purpose of the Individual Tax Return is to report your income, deductions, and tax liability to the government.
You must report your income sources, deductions, tax credits, and any other relevant financial information on your Individual Tax Return.
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