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iris [78.8K]
4 years ago
9

The only income Ramon needs to report on his Schedule C is his income from Form 1099-K, Payment Card and Third Party Network Tra

nsactions.
a. True
b. False
Business
1 answer:
madreJ [45]4 years ago
8 0

Answer:

False

The statement stated above is not true.

Explanation:

  • Ramon needs to keep report into his Schedule C is his income from Form 1099-K is not only the entity but other aspects too along with Payment Card and Third Party Network Transactions.
  • Sole - Proprietors income is reported on their schedule C as a gross receipts that subjects to the tax related to the self employment.
  • It is the form used to prepare report on the payments received through different third party networks.

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A farmer raises wheat and pays a portion of it as a tax that is collected by government agents and sent to a central storage fac
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Answer:

REDISTRIBUTION                      

Explanation:

Redistribution of assets and income can be defined as social mechanism like taxes, education, healthcare, government services, political reform, fiscal policy, confiscation, separation or tort rule is the redistribution of wealth and income from some persons to others.

The phrase's meanings differ, based on private experiences, political philosophies and limited statistical usage. In politics, it is often said, probably referring to supposed transfers of wealth from those with more to those who have less.

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3 years ago
g: Sorin Incorporated, a company that produces and sells a single product, has provided its contribution format income statement
madam [21]

Answer:

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Explanation:

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