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I then asked her to bring all the documents, past and present, regarding her finances sent by banks, and the like. After another check which lasted for nearly half an hour I reported that she was currently receiving a pension from her late husband's employer which the taxman already knew about but she'd failed to report that income in her own tax occur. She agreed.
B) Interest earned, nonetheless paid, during a bond year, must be accrued at the conclusion of the bond year and reported as taxable income for the calendar year in which the bond year ends.
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