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The Assignment of Income Doctrine Indicates That

Question 60

Multiple Choice

The assignment of income doctrine indicates that:


A) Income from a transaction must be taxed to the person who receives the cash from the transaction.
B) Income from a transaction must be taxed to the person who reports the transaction on his or her tax return.
C) Income from a transaction must be taxed to the person that earns the income.
D) None of these choices are correct.

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