Michael closed on his new home December 31, 2009 instead of January 1, 2010. As a result, Michael:
A) accelerated tax deductions in 2009.
B) accelerated tax deductions in 2010.
C) increased his adjusted gross income in 2009.
D) decreased his adjusted gross income in 2010.
E) decreased tax exemptions in 2009.
Correct Answer:
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