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Ellie, age 12, earns wages of $4,300 from her modeling. Since the fees are collected by Ellie's father and used for Ellie's living expenses, her father intends to include it in his gross income.
I.Ellie received no cash so does not have to report any income.
II.The Assignment of Income Doctrine prohibits the father from recognizing the $4,300.
III.Even if Ellie desired to gift the $4,300 to her father, Ellie must recognize the income she earned.
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