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Answer:
As the $3,000 is unrecaptured losses, it will be carried forward to this year and would be set off against the current year's capital gains.
Explanation:
The previous year unrecaptured loss of $3000 will carried forward and would be set off against the capital gains of $12,000. The gain for the year can be calculated as under:
Capital Gain for the year = Gain Before unrecaptured losses - Carried Forward Losses
By putting values, we have:
Capital Gain for the year = $12,000 - $3,000 = $9,000
The resultant $9,000 would be the capital gain for the year.
7. True
8. False
9. False
Must click thanks and mark brainliest
Sorry if wrong.
Answer:
Yes, because they lead people to make poor decisions.
Explanation:
Answer:
Take a credit facility and do an insurance cover.
Explanation:
In order to meet your monthly financial commitments, you can seek for upfront credit facility through your organization if such provisions exist or ask for a salary loan which can be deducted from source (Salary).
To prepare for similar unfortunate incidence in the future, it will be important to secure a life and health insurance cover either through your organization or on an individual basis.
