Income is taxable to a cash basis taxpayer in the year in which it is paid, or
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Income is taxable to a cash basis taxpayer in the year in which it is paid, or made available to the taxpayer. This is the doctrine of_____________ .
A. Constructive receipt.
B. Economic benefit.
C. Risk of forfeiture.
D. Variable bonus.
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Related Book For
Essentials Of Personal Financial Planning
ISBN: 9781945498237
1st Edition
Authors: Susan M. Tillery, Thomas N. Tillery
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