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TIO Tu ban of the property was separate from the part used personally The taxpayer rented an extra bedroom within the residence Mark for follow

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TIO Tu ban of the property was separate from the part used personally The taxpayer rented an extra bedroom within the residence Mark for follow up Question 38 of 75. Glenn has a rental house that was rented beginning January 1 in the current tax year. On January 1, the tenant paid Glenn a $1,200 security deposit plus $950 rent for January timely paid the $950 monthly rent each of the remaining eleven months. How much rental income will Glenn report for the current year? O $11,400 $12,350 $12,600 $13,550 O Mark for follow up Question 39 of 75. Eldridge owns a rental house, which he rents at 5200 per mon milar houses in the neighborhood rent for $600 per month. As Eldridge's Tax Professional, how should you The income is reported, and all expenses deduc The income is not reported because Eldridge is oper The income is reported on the Other Income section on Fo perty as a charity 39 and rentat expenses, up to the amount of income, are deducted on Schedule A A charitable contribution of 5400 is reported on Schedulefoery month Eldridge rents the property at $200 OMark for follow up Kaspersky internet Security Question 40 of 75. Applications detected that you rarely use Leon sold residential rental property he had wed for three years. As part of this sale, Leon realized gain on the sale of the rental 51231. lenovo

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