Question: 0 1 : 1 6 : 4 9 A cash - basis taxpayer should report gross income Multiple Choice Only for the year in which
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A cashbasis taxpayer should report gross income
Multiple Choice
Only for the year in which income is actually received in cash.
Only for the year in which income is actually received, whether in cash or in property.
For the year in which income is either actually or constructively received in cash only.
For the year in which income is either actually or constructively received, whether in cash or in property.
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