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Author Question: Which of the following statements isfalse? (Read 177 times)

piesebel

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on: Sep 13, 2020

Question 1

Which of the following is not included in gross income when received?
◦ interest received on bank accounts
◦ royalties paid to an author
◦ amounts received to cancel or modify a lease
◦ refundable security deposit

Question 2

Which of the following statements is false?
◦ Under the cash method, prepaid income such as rent is usually taxed when received rather than when earned.
◦ Municipal bond interest is taxable.
◦ Alimony received by the taxpayer is taxable.
◦ Income earned by selling goods on the Internet is taxable.
Federal Taxation 2017 Individuals ¦ Pope, Rupert, Anderson ¦ 30th Edition
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Marked as best answer by piesebel on Sep 13, 2020

Fayaz00962

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Reply #1 on: Sep 13, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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piesebel

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Reply 2 on: Sep 13, 2020
Thanks for the timely response, appreciate it

momolu

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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