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Quinn has a small balance in a savings account that earned $25 in interest last year. Because the amount is so small, the bank did

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Quinn has a small balance in a savings account that earned $25 in interest last year. Because the amount is so small, the bank did not issue a T5 slip to reflect that interest. Which of the following statements is true? A. This income must be reported on the income tax return but won't be taxed. B. This income must be reported on the income tax return and will be taxed. C. This income does not have to be reported on the income tax return. D. If Quinn chooses to report the income, she must request a T5 from her bank

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