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Loan proceeds are taxable in the year received in cash.

Sheena Maskell

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Posts: 1902

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7 years ago

Loan proceeds are taxable in the year received in cash.

Loan proceeds are taxable in the year received in cash.

Textbook

Prentice Hall's Federal Taxation: 2011: Individuals

Prentice Hall's Federal Taxation: 2011: Individuals

Edition: 14^th

Authors: Pope, Anderson, Kramer

Read 129 times

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Yoko900

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