deposit of $2,400. In early January of this year, Harris moves and Hoyt refunds $1,050 ofthe deposit and keeps the remainder to cover $750 which is spent for repairs to the office spaceand one week of unpaid rent that amounts to $600. How would this information be reflected onHoyt's tax return this year?A) $1,350 income and $750 deduction B) $600 income and $750 deductionC) $1,350 income and no deduction D) $2,400 income and $750 deduction
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