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For preparing a tax return, estimated amounts -- A. may never be used. Only verified data can be used. B. may be used only if

For preparing a tax return, estimated amounts --

A. may never be used. Only verified data can be used.
B. may be used only if it is not practical to obtain exact data.
C. may be used if the tax preparer determines the estimates are reasonable under the circumstances.
D. do not include appraisals and valuations.
E. Options B, C, and D are correct.

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