cailinhannon4197 cailinhannon4197

03-01-2023
Business

Answered

megan is a self-employed lawyer. she performs legal services for her client, a small corporation. in payment for her services, megan receives shares of stock in the corporation with a fair market value of $5,000 at the time received. what amount of the fair market value of the shares must megan include in her gross receipts when she figures her schedule c - profit or loss from business

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