Amy is a calendar-year taxpayer reporting on the cash basis. Please indicate how she should treat the following items for 2012: a. She makes a

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Amy is a calendar-year taxpayer reporting on the cash basis. Please indicate how she should treat the following items for 2012:

a. She makes a deductible contribution to an IRA on April 15, 2013.________________________________________________________________________

b. She has made an election to accrue the increase in value of savings bonds even though the increase is not received in cash.

_____________________________________________________________________________

c. She prepays half a year of interest in advance on her mortgage on the last day of 2012.______________________________________________________

d. She pays all of her outstanding invoices for standard business expenses in the last week of December.______________________________________

e. She sends out a big bill to a customer on January 1, 2013, even though she did all of the work in December of 2012._________________________

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