Question
Jamar and Natasha had the following income and expenses during the year: $45,000 in wages. $24,000 in rental income. $8,000 in rental expenses. $48,000 in
Jamar and Natasha had the following income and expenses during the year: $45,000 in wages. $24,000 in rental income. $8,000 in rental expenses. $48,000 in self-employment receipts. $12,000 in self-employment expenses. Assuming there are no income adjustments, what is their California gross income?
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Income Tax Fundamentals 2019
Authors: Gerald E. Whittenburg, Steven Gill
37th Edition
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