Answer: an offset against ordinary income of $3,000 and a NSTCL carryforward of $2,400
Explanation:
Feom the question, we are told that in the current year, Norris, an individual, has $59,000 of ordinary income, a net short-term Capital loss (NSTCL) of $9,100 and a net long-term capital gain (NLTCG) of $3,700.
From his capital gains and losses, Norris reports an an offset against ordinary income of $3,000 and the a net short-term Capital loss (NSTCL) balance carryforward will be the difference between the net short-term Capital loss (NSTCL) of $9,100 and a net long-term capital gain (NLTCG) of $3,700 and the offset against ordinary income. This will be:
= ($9100 - $3700) - $3000
= $5400 - $3000
= $2400
Answer:
Employers treat the taxable fringe benefits the same as cash compensation.
Explanation:
Taxable fringe benefits "are included in gross income and subject to federal withholding, social security, and Medicare taxes".
Fringe benefits are "perks and additions to normal compensation that companies give their employees, such as life insurance, tuition assistance, or employee discounts".
* The cost of the taxable fringe benefit is deductible to the employer, not the value of the benefit to the employee.
FALSE, the taxable fringe benefit is not deductible from the employer.
* Employers treat the taxable fringe benefits the same as cash compensation.
TRUE, and as we can see on the definition above the taxable fringe benefits are treated as a compensation that comapnies giv their employees.
The answer is A, that way you have all the fine print
Answer:
Incentive Theory
Explanation:
Reason behind would be because how many things you ate your brain and taste are processing that all at the same time making it taste like a completely different substance.
If the data breach poses an excessive hazard then we have to notify the proper authority and also to the ones people affected then they ought to be informed.
<h3>What is a Data breach?</h3>
A data breach refers to a safety violation, wherein sensitive, covered or exclusive records is copied, transmitted, viewed, stolen, or utilized by a person unauthorized to do so. Other phrases are accidental facts disclosure, records leak, facts leakage, and records spill.
therefore, If the data breach poses an excessive hazard then we have to notify the proper authority and also to the ones people affected then they ought to be informed.
Learn more about Data Breach here:
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