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Anna, LLC, is an accrual basis taxpayer. In December 2020, Anna prepays $36,000 for an insurance policy that runs 1/1/21 - 12/31/21. They also receive

Anna, LLC, is an accrual basis taxpayer. In December 2020, Anna prepays $36,000 for an insurance policy that runs 1/1/21 - 12/31/21. They also receive rental income from their tenant of $50,000 for th...

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