49. Is the tax treatment in the scenario accurate for tax year 2020? The taxpayer...
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49. Is the tax treatment in the scenario accurate for tax year 2020? The taxpayer received repayment of loaned money from a friend in this tax year; this should be reported as Miscellaneous Income. Click 'Yes' or 'No' for each option until complete. Is the tax treatment in the scenario accurate for tax year 2020 ? The only income earned during the tax year was self-employment income in the amount of $450. There are no deductions associated with this income. The taxpayer must fill out a Schedule C
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49. Is the tax treatment in the scenario accurate for tax year 2020? The taxpayer received repayment of loaned money from a friend in this tax year; this should be reported as Miscellaneous Income. Click 'Yes' or 'No' for each option until complete. Is the tax treatment in the scenario accurate for tax year 2020 ? The only income earned during the tax year was self-employment income in the amount of $450. There are no deductions associated with this income. The taxpayer must fill out a Schedule C 