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In December 2017, Mary collected the December 2017 and January 2018 rent from a tenant. Mary is a cash basis taxpayer. The amount collected in

In December 2017, Mary collected the December 2017 and January 2018 rent from a tenant. Mary is a cash basis taxpayer. The amount collected in December 2017 for the 2018 rent should be included in her 2018 gross income. True False

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