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Use the provided Excel spreadsheet for the Critical Thinking Assignment for this week. In column A, you will find a list of transactions that may or...
Use the provided Excel spreadsheet for the Critical Thinking Assignment for this week. In column A, you will find a list of transactions that may or may not be deductible. Columns B through H have options from which you are to select the appropriate tax treatment of the transaction. Once you have made all of your selections, upload the completed spreadsheet for grading.
In each independent item below, assume that a single taxpayer earned $30,000 in W-2 income. Show the appropriate amount that should appear under each heading. More than one option may be selected
