Answer:
Option (B) is correct.
Explanation:
Invested amount = $12,000
Interest received in partnership = 10%
qualified non-recourse debt in partnership = $34,000
Loss allowed = $15,400 (At risk amount)
Tax basis = $18,800
Disallowed loss = Loss allocation - Risk amount
= $18,800 - $15,400
= $ 3,400
Answer:
Required return 10.27%
Dividend yield 5.77%
Expected capital gains yield 4.5%
Explanation:
Calculation for required return using this formula
A. R = (D1 / P0) + g
Let plug in the formula
Required return = ($2.30 / $39.85) + .045
Required return = .1027*100
Required return= 10.27%
Therefore Required return is 10.27%
Calculation for dividend yield using this formula
Dividend yield = D1 / P0
Let plug in the formula
Dividend yield = $2.30 / $39.85
Dividend yield = .0577*100
Dividend yield = 5.77%
Therefore Dividend yield is 5.77%
Calculation for the expected capital gains yield
Using this formula
Expected capital gains yield=Required return-Dividend yield
Let plug in the formula
Expected capital gains yield=10.27%-5.77%
Expected capital gains yield=4.5%
Therefore Expected capital gains yield is 4.5%
Answer:
D.one-half of the value of the home must be included on Part 2 of Schedule A
Explanation:
The rationale for this is that passed and she was survived by her sister as a result only one-half qualifies of the jointly held home qualifies to be included on Part 2 of Schedule A
Answer:
Underpayment of estimated tax = $2,960
Explanation:
Please consider the following equations:
100% of $15,960 = $15,960
90% of $18,000 = $16,200
whichever is lower. i.e $15,960
Underpayment of estimated tax = $15,960 - $13,000 = $2,960