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Jack recently used his AAdvantage miles to purchase a free round - trip ticket to Rome, Italy ( value $ 1 , 5 0 0
Jack recently used his AAdvantage miles to purchase a free roundtrip ticket to Rome, Italy value $ The frequent flyer miles used to purchase the ticket were generated from Jack's business travel as a CPA. Jack's employer paid for his business trips, and he was not taxed on the travel reimbursement. Q: How much income, if any, will Jack have to recognize as a result of purchasing an airline ticket with AAdvantage miles earned from business travel? $
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