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Your friends withdrew the maximum under the Home Buyers' Plan in 2020 when they bought their first home. However, they were unable to make the
Your friends withdrew the maximum under the Home Buyers' Plan in 2020 when they bought their first home. However, they were unable to make the first required repayment. Which statement is correct? Question 2 Select one: a. The missed payment will increase the required payment in the remaining years of the Home Buyers' loan. b. Each will be required to pay the government $3,500 for the year of the missed payment. c. Each will have to add $2,333 to their taxable income for the year of the missed payment
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