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Please address Discussion Question 14 on pages 1426 in your Individual Income Taxes book by Young, Nellen, Raabe, Hofffman, and Maloney. You should answer parts

Please address Discussion Question 14 on pages 1426 in your Individual Income Taxes book by Young, Nellen, Raabe, Hofffman, and Maloney. You should answer parts A through E of this question in memo format. Please provide sufficient justification by citing applicable IRS codes and tax rules.

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