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Walter Works Busy Season at the Seaside Hotel

Question 28

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Walter works busy season at the Seaside Hotel. for the 6 months he works there, his employer pays Walter a salary of $1,200 per month and gives him an additional $200 per month to help pay the cost of health insurance that he purchases for himself. The employer also supplies him with uniforms required to worn on the job valued at $700. What is Walter's taxable income for the six months that he works at the hotel?

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$8,400 [($1,200 + $2...

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