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1 point Taxpayer is an employee of a large electronics retailer. During the tax year, Taxpayer used her employee discount to purchase an item with

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1 point Taxpayer is an employee of a large electronics retailer. During the tax year, Taxpayer used her employee discount to purchase an item with a fair value of $1,300. Taxpayer's employer charge her $759 for the item. Determine the amount, if any, that taxpayer is required to include in gross income as a result of this transaction if the employer's gross profit percentage is 27%. Type your answer. Next Previous not OS

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