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Which of the following statements is false? Alimony received by the taxpayer is taxable. Income earned by selling goods on the Internet is taxable. Municipal

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Which of the following statements is false? Alimony received by the taxpayer is taxable. Income earned by selling goods on the Internet is taxable. Municipal bond interest is taxable. Under the cash method, prepaid income such as rent is usually taxed when received rather than when earned

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