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Mary Lou, a cash-basis taxpayer, signs a 12-month lease for $36,000 which starts on July 1,2022. a. Assume that she paid the entire $36,000 on
Mary Lou, a cash-basis taxpayer, signs a 12-month lease for $36,000 which starts on July 1,2022. a. Assume that she paid the entire $36,000 on the date she signed the lease as required to obtain this rate. Show the calculation for 2022 deduction. Lou's 2022 deduction? For the toolbar, press ALT+F10(PC) or ALT+FN+F10 (Mac). Mary Lou, a cash-basis taxpayer, signs a 12-month lease for $36,000 which starts on July 1,2022. a. Assume that she paid the entire $36,000 on the date she signed the lease as required to obtain this rate. Show the calculation for 2022 deduction. Lou's 2022 deduction? For the toolbar, press ALT+F10(PC) or ALT+FN+F10 (Mac)
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