Ryan's annual salary is $120,000 per year. He asked his employer to pay $20,000 of his salary

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Ryan's annual salary is $120,000 per year. He asked his employer to pay $20,000 of his salary to his elderly grandmother who is in a nursing home. The employer makes the $20,000 payment directly to the grandmother and pays the balance to Ryan. What is Ryan's gross income?
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Taxation For Decision Makers 2014

ISBN: 9781118654545

6th Edition

Authors: Shirley Dennis Escoffier, Karen Fortin

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