Question: Taxpayer A earned $ 50,000 working as a carpenter during the year. Taxpayer B, also a carpenter by trade, worked the entire year renovating her

Taxpayer A earned $ 50,000 working as a carpenter during the year. Taxpayer B, also a carpenter by trade, worked the entire year renovating her house. Comment on the after tax position of both carpenters. Does it matter if taxpayer B plans to live in her house for 1 more year versus 10 more years?

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