An amount called a security deposit which is to be used as a ﬁnal payment of rent should not be included in rental income in the year received, but should be included in income in the year the lease expires.

Name: An amount called a security deposit which is to be used as a ﬁnal payment of rent should not be included in rental income in the year received, but should be included in income in the year the lease expires.
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Question

Quizplus · Accepted Answer

The Answer is False

An Amount Called a Security Deposit Which Is to Be