Fantasia is a popular photographer in her area and she typically charges $ 1 2 5 for
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Fantasia is a popular photographer in her area and she typically charges $for a photo session. Mario is an accountant who charges $ per hour to complete a tax return. Fantasia would like to have her tax return prepared and wants to exchange her photography services for Marios work on her tax return. Mario estimates that it will take about hours to complete the tax return. They agree to four photo sessions of Marios children. How much income, if any, must Fantasia include in her income?
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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