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Determine the amount of taxable income that should be reported by a cash basis taxpayer in 2021 in each of the following Independent cases a.

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Determine the amount of taxable income that should be reported by a cash basis taxpayer in 2021 in each of the following Independent cases a. A taxpayer completes $300 of accounting services in December 2021 for a client who pays for the accounting work in January 2022 b. A taxpayer is in the business of renting computers on a short-term basis. On December 1, 2021, she renis a computer for a $100 rental fee and receives a $250 deposit. The customer returns the computer and is refunded the deposit on December 20, 2021 c. Same facts as (b) except that the computer is returned on January 5, 2022 d. On December 18, 2021. a landlord rents an apartment for $385 per month and collects the first and last month rent up front. It is customary that tenants apply the security deposit to their last month's rent upon moving out e. An accountant agrees to perform $315 of tax services for an auto mechanic who has agreed to perform repairs on the car of the accountant's wife. The mechanic repairs the car in December 2021 and the accountant starts and completes the tax work in March 2022 Complete the question by entering your answers in the tabs below. Rogatod Reg 2. A taxpayer completes $300 of accounting services in December 2021 for a client who pays for the accounting work in January 2022 b. A taxpayer is in the business of renting computers on a short-term basis. On December 1, 2021, she rants a computer for a $100 rental fee and receives a $250 deposit. The customer returns the computer and is refunded the deposit on December 20, 2021.

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