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Alexis, a cash basis individual received: $10,000 on January 2022 for January 2021 rent income $10,000 on November 2022 for December 2022 rent income $10,000
Alexis, a cash basis individual received: $10,000 on January 2022 for January 2021 rent income $10,000 on November 2022 for December 2022 rent income $10,000 on December of 2022 for January of 2023 rent income $10,000 on January 2023 for February of 2023 rent income How much rental income will be in her 2022 tax return? $20,000 $30,000 $10,000 $40,000 Question 26 5 pts Tessa, a cash basis taxpayer, paid her business internet bill 6 months in advance on December 1, 2022. Each month's bill is $200. How much can she deduct in 2022? $1,200 $200 $400 $600
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