When Kerri filed her 2014 tax return on April 15, 2015, she did not include a $2,000 bonus received from her employer on January 10, 2015 relating to her work performance during 2014. What concept, construct, or doctrine supports Kerri's actions?
A) Arms-length Transaction Concept.
B) Substance Over Form Doctrine.
C) Constructive Receipt Doctrine.
D) Claim of Right.
E) Entity Concept.
Correct Answer:
Verified
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