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Compute Jim's Adjusted Gross Income for 2021 on the basis of the following: Question 12 One of the requirement to be eligible for a IRC

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Compute Jim's Adjusted Gross Income for 2021 on the basis of the following: Question 12 One of the requirement to be eligible for a IRC Section 179 deduction is: A taxpayer must itemize (no standard deduction allowed) deductions for the year A taxpayer must purchase a substantial amount of assets during the year A taxpayer must have taxable income None of the choices are a requirement

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