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  3. Study Set
    Essentials of Federal Taxation
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    Exam 5: Gross Income and Exclusions
  5. Question
    Constructive Receipt Represents the Principle That Cash-Basis Taxpayers Should Be
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Constructive Receipt Represents the Principle That Cash-Basis Taxpayers Should Be

Question 131

Question 131

True/False

Constructive receipt represents the principle that cash-basis taxpayers should be taxed on income when it is made available to them without substantial restrictions.

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