Rabbi Small received the following income for 2020: Annual salary of $50,000, which includes a utility allowance
Fantastic news! We've Found the answer you've been seeking!
Question:
Rabbi Small received the following income for 2020:
Annual salary of $50,000, which includes a utility allowance of $3,200, plus the use of a house owned by the temple, which has a fair rental value of $8,000. In addition, Rabbi Small earned $2,400 while working part-time at a local bookstore.
How much income must Rabbi Small include as gross income to figure his federal income tax?
Related Book For
South-Western Federal Taxation 2018 Comprehensive
ISBN: 9781337386005
41st Edition
Authors: David M. Maloney, William H. Hoffman, Jr., William A. Raabe, James C. Young
Posted Date: