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Nat2105 [25]
3 years ago
11

The rental real estate exception favors: A. lower-income taxpayers (AGI less than $80,000). B. middle-income taxpayers (AGI grea

ter than $80,000 and less than $150,000). C. upper-income taxpayers (AGI greater than $150,000). D. lower-income taxpayers and middle-income taxpayers. E. middle-income taxpayers and upper-income taxpayers.
Business
1 answer:
Andru [333]3 years ago
4 0

Answer:

D) lower-income taxpayers and middle-income taxpayers.

Explanation:

The rental real estate exemption allows taxpayers who are not real estate professionals, to deduct up to $25,000 of real estate loss per year.

This exemption applies for taxpayers with an adjusted gross income of $150,000 or less. Only those that have an AGI of less than $100,000 are able to deduct the full $25,000 exemption, but as their AGI increase, the exemption starts to phase out.  

The two basic requirements for qualifying for this exemption is that the individual actively participates in the management of the real estate property that generated the loss and that they own at least a 10% interest in the property.

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Research suggests that the most important determinant of new product success is:
Ivan

The answer is managerial behavior. It is because this is the most important determinant of new product success because of its application and function of having to provide an increase with the participation of employees and the products that are being consumed by the consumers.

5 0
3 years ago
One of the advantages of a c corporation is ease of formation true or false
ziro4ka [17]

Answer:

true

Explanation:

A corporation is a  form of business that gives room for seprate , legal entity but it is usually guided by some group of intelectuals referred to as board of directors. The corporation structure is the most advantageous way to kick start a business because it is  the corporation operates as a separate entity.

Corporation has all the legal rights of an individual except some little limitations on  right to voting and some other little limitations.

5 0
3 years ago
Suppose the total market value of all the final goods and services produced in the country of Rushya was $8 billion in 2008 (mea
Advocard [28]

Answer:

Option 4 is definitely correct: Whether real GDP increased cannot be determined with the information given.

Explanation:

The information that is given only states that there has been an increase in the market value of final goods and services in two years. So, we cannot conclude that production increased in Rushya or average price levels increased there as per Option A and C respectively, because market value can be increased by both increase in production or price levels. Even Option B cannot be concluded as the real GDP is dependent on other variables as compared to the total market value.

Thus, only appropriate statement is option D: we cannot determine increase in real GDP with the given information.

3 0
3 years ago
What is the difference between being overstaffed and overhired
sp2606 [1]
Overstaffed is "having more members of staff than are necessary" and overhired is "hiring too many employees".
6 0
3 years ago
The following information is from the annual financial statements of Nancy Company.
lakkis [162]

Answer:

5.79 times

Explanation:

The computation of the Accounts receivable turnover ratio  

= Credit sales ÷ average accounts receivable

where,  

Average accounts receivable = (Opening balance of Accounts receivable + ending balance of Accounts receivable) ÷ 2

= ($46,400 + $49,700) ÷ 2

= $48,050

And, the net credit sale is $278,000

Now put these values to the above formula  

So, the answer would be equal to  

= $278,000 ÷ $48,050

= 5.79 times

5 0
3 years ago
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