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Omitted and Included Variable Bias in Tests for Disparate Impact Jong-il Jung Stanford University Sam CorbettDavies Stanford UniversityRavi Sheriff New York UniversitySharad Goal Stanford University
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Omitted and included variables refer to certain income or transactions that were left out or included in error on a tax return.
Taxpayers who discover that they have omitted or included incorrect information on their tax return are required to file omitted and included variables.
To fill out the omitted and included variable, taxpayers must amend their tax return using the appropriate form provided by the tax authority.
The purpose of omitted and included variables is to correct any errors or omissions in income or transactions reported on a tax return.
Taxpayers must report the correct income or transactions that were omitted or included in error on the tax return.
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