QUESTIONS Jeremy is a calendar year taxpayer who sometimes leases us business equipment to local organizations. He recorded the following roots thus your $1.040 from the Ladies' Club for losing the trailer from December of this year through March of next year ($200 per month) How much of this payment is taxable income to Jeremy this year Jeremy is a cash method taxpayer? QUESTION 6 Jeremy is a calendar year taxpayer who sometimes bases his business equipment to local organations Ho recorded the following recepts this year 5700 base payment received from the Men's Club this year for renting Jeremy's trailer last year Jeremy billed the last year How much of this payment is taxable income to Jeremy this year it Jeremy is con method taxpayer