Answer:
<u>Anna can deduct up to US$ 10,000, so she can deduct as an itemized deduction the payment of US$ 2,500 on real estate taxes she made.</u>
Explanation:
Any taxpayer can deduct real estate taxes on the federal income tax return. For 2019, the IRS says a taxpayer can deduct up to $10,000 ($5,000 if you're married filing separately) But limits apply and you have to itemize to take the deduction.
<u>Therefore, Anna can deduct up to US$ 10,000, so she can deduct as an itemized deduction, the payment of US$ 2,500 on real estate taxes she made.</u>
The pattern that is being referred to above is called the NARRATIVE PATTERN. If a speech contains a story or a series of short stories in it, and only includes a vivid imagery, the setting, plot and characters, then this would fall in the narrative pattern. Narrative means to narrate or to tell something according to the other of when it happened.
The answer is <span>The start-up costs in a monopolistically competitive industry are low.</span>
Answer:
$2,198,000
Explanation:
The computation of the value of the capital in excess of par account after the dividend is shown below:
Number of shares of stock outstanding = 42,000 shares
Stock dividend percentage = 50%
Now the new shares would be
= 42,000 × 50%
= 21,000 shares
Capital in excess of par value would be
= $41 - $1
= $40
For 21,000 shares, the paid in capital in excess is
= 21,000 shares × $40
= $840,000
And, the capital in excess as per the balance sheet is $1,358,000
Now the value of the capital in excess of par after the dividend is
= $1,358,000 + $840,000
= $2,198,000
Solution:
a. The first year depreciation = $3,160
The second year depreciation = $5,100
b. By considering 75% used for business purchase
For 2018 , for 7 months remaining
Depreciation = $3,160 x 75% (
= $1382.50
For 2019 ,
Depreciation = $5,100 x 75% = $3,825