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Kyle,whose wife died in December 2013,filed a joint tax return for 2013.He did not remarry,but has continued to maintain his home in which his two dependent children live.What is Kyle's filing status in 2016?
Gross Method
An accounting method used in invoicing that records the full price of goods or services without deducting any sales discounts upfront.
Credit Terms
Conditions under which credit is granted, including repayment period, discount for early payment, and interest rate.
Periodic Inventory System
An accounting method in which inventory levels and cost of goods sold are determined at the end of an accounting period based on a physical count.
Gross Method
An accounting approach that documents purchases at their complete invoice cost without subtracting any offered cash rebates.
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