Which of the following would result in gross income to the taxpayer? Group of...
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Accounting
Which of the following would result in gross income to the taxpayer?
Group of answer choices
Taxpayer receives cash proceeds from a home equity loan.
Taxpayer performs services and receives equalvalue services in return.
Taxpayer receives alimony from a divorce.
Taxpayer s debt to his father is forgivencanceled by the father upon the father's death.Which of the following would result in gross income to the taxpayer?
Group of answer choices
Taxpayer receives cash proceeds from a home equity loan.
Taxpayer performs services and receives equalvalue services in return.
Taxpayer receives alimony from a divorce.
Taxpayer s debt to his father is forgivencanceled by the father upon the father's death.
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