An individual taxpayer uses the cash method. Which of the following transactions results in gross...
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Accounting
An individual taxpayer uses the cash method. Which of the following transactions results in gross income in 2022?
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The company mails the taxpayer a bonus check on December 29, 2022, but the taxpayer does not receive it until January 4, 2022.
The taxpayer's company credits the taxpayer with stock on December 1, 2022, but the stock does not vest until December 1, 2023.
The taxpayer earns wages for the last week of 2022, but the company payroll is not processed again until January 6, 2023.
The taxpayer is credited with interest on December 21, 2022 but the tax payer does not withdraw the interest earned until January 6, 2023.
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