Dorothy Dorothy is a cash basis taxpayer and self-employed guitar instructor all of the following income or Services were provided by Dorothy in 2021 11,700 for $156 guitar lessons given in 2021 $375 payments for five guitar lessons that were taking place in January 2022 915 received for sheet music that Dorothy brought for from a distributor and Soul at Cost Dorothy paid distributor 915 during 2021 a $450 makeover from a spa owner in exchange for six guitar lessons no cash what amount should Dodge report for gross income from the business.
Dorothy Dorothy is a cash basis taxpayer and self-employed guitar instructor all of the following income or Services were provided by Dorothy in 2021 11,700 for $156 guitar lessons given in 2021 $375 payments for five guitar lessons that were taking place in January 2022 915 received for sheet music that Dorothy brought for from a distributor and Soul at Cost Dorothy paid distributor 915 during 2021 a $450 makeover from a spa owner in exchange for six guitar lessons no cash what amount should Dodge report for gross income from the business.
Chapter5: Gross Income: Exclusions
Section: Chapter Questions
Problem 40P: LO.2 Belinda spent the last 60 days of 2019 in a nursing home. The cost of the services provided to...
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Dorothy Dorothy is a cash basis taxpayer and self-employed guitar instructor all of the following income or Services were provided by Dorothy in 2021 11,700 for $156 guitar lessons given in 2021 $375 payments for five guitar lessons that were taking place in January 2022 915 received for sheet music that Dorothy brought for from a distributor and Soul at Cost Dorothy paid distributor 915 during 2021 a $450 makeover from a spa owner in exchange for six guitar lessons no cash what amount should Dodge report for gross income from the business.
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