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Old 03-20-2013, 08:10 AM  
L-Pink
working on my tan
 
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Join Date: Mar 2005
Location: Florida/Kentucky
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Quote:
Originally Posted by dyna mo View Post
also, doesn't the irs account for bartering? wouldn't what you describe fall under this category of transactions?

in bartering, the value of a thingie is dynamic right?
If you barter, you must report on your tax return the fair market value of the products or services you received.

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