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In December 2014,Mary Collected the December 2014 and January 2015

question 103

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In December 2014,Mary collected the December 2014 and January 2015 rent from a tenant.Mary is a cash basis taxpayer.The amount collected in December 2014 for the 2015 rent should be included in her 2015 gross income.


Definitions:

Neurotic Disorders

Relates to a class of mental health disorders characterized by excessive anxiety, phobias, or obsessive behaviors.

Emotional Disturbance

is a classification used in educational settings to describe students who exhibit significant challenges in emotional and behavioral regulation.

Social Phobia

Extreme fear and/or avoidance of social situations.

Extreme Fear

A very intense and overwhelming sense of dread or terror that can significantly impact a person's psychological and physiological state.

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