A Type 1 Diabetic social club that was classified as being tax exempt under Code Sec. 501(c)(7)
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2) John Smith , owner of Comic Plus Store, began selling a wide range of his sneaker gadgets on eBay. Since these online transactions are conducted on the internet between him and the bidder, he has decided not to include these sales in his gross income. Is John correct?
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
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