Mr. Chen directs his employer to deduct $50 per week from his pay for the purchase of

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Mr. Chen directs his employer to deduct $50 per week from his pay for the purchase of U.S. savings bonds. Can Mr. Chen exclude this amount from his gross income? Explain.

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CCH Federal Taxation Basic Principles 2020

ISBN: 9780808051787

2020 Edition

Authors: Ephraim P. Smith, Philip J. Harmelink, James R. Hasselback

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