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Under what circumstances might a taxpayer want to defer the recognition of income? When the rate of return on an investment is projected to increase
Under what circumstances might a taxpayer want to defer the recognition of income?
When the rate of return on an investment is projected to increase
When the actual receipt of the income does not have to be postponed very long
When the taxpayer expects to be in a higher tax bracket in the future
When setting aside money for retirement
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