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Outline
HYPO (page 42): A, age 67, has 40K gross income, 4K of deductions from rental property, 1K of property, or services. Income, therefore, may be realized in the form of services, meals 4. CANCELLATION OF INDEBTEDNESS General Rule on Borrowing: Before you get out of debt, you ... Document Retrieval
Argument Title
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Taxable Income = Gross Income Less Allowable Deductions
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23 August, 2000
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