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Kaylee lives in California, where she works seven months of each year on an avocado farm. She works five months of each year at a pumpkin farm in Oregon. She earns $25,000 in each position. Where is her tax home? 1) Her tax home is California. 2) Her tax home is Oregon. 3) Kaylee can choose either location to be her tax home. 4) Kaylee has no tax home because each of her jobs is seasonal.

Kaylee lives in California, where she works seven months of each year on an avocado farm. She works five months of each year at a pumpkin farm in Oregon. She earns $25,000 in each position. Where is her tax home? 1) Her tax home is California. 2) Her tax home is Oregon. 3) Kaylee can choose either location to be her tax home. 4) Kaylee has no tax home because each of her jobs is seasonal.

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Kaylee lives in California, where she works seven months of each year on an avocado farm. She works five months of each year at a pumpkin farm in Oregon. She earns $25,000 in each position. Where is her tax home? 1) Her tax home is California. 2) Her tax home is Oregon. 3) Kaylee can choose either location to be her tax home. 4) Kaylee has no tax home because each of her jobs is seasonal.
Transcribed Image Text:Kaylee lives in California, where she works seven months of each year on an avocado farm. She works five months of each year at a pumpkin farm in Oregon. She earns $25,000 in each position. Where is her tax home? 1) Her tax home is California. 2) Her tax home is Oregon. 3) Kaylee can choose either location to be her tax home. 4) Kaylee has no tax home because each of her jobs is seasonal.
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