Answer: $28940
Explanation:
Their QBI deduction for the year goes thus:
Jason's QBI amount will be:
= $173000 × 20%
= $173000 × 0.2
= $34600
Paula's QBI amount will be:
= $28,300× 20%
= ($5660)
Therefore, their combined qualified business income will be:
= $34600 - $5660
= $28940
The overall limitation which is based on th modified taxable income will be:
= $247000 × 20%
= $49400
Since $28940 is lesser than $49400, their QBI deduction for the year is $28940
In the scenario in which both Lloyd and Harry are claiming patent protection for the same invention
that each independently created, the rights to protection will be
awarded to <span>the one who actually completed the invention first.</span>
This follows from the American standard which states that the "first-to-invent" is awarded the patent.
Answer:
The variable cost is $2.67 per dog.
Explanation:
The variable cost per unit can be determine by using the highlow method to separate the variable component of the given mixed cost. the variable cost is the one that varies with the level of output. Under high low method, we calculate the variable cost per unit by using the following formula:
Variable cost per unit = (Cost at highest activity level - cost at lowest activity level) / (Highest activity level in units - lowest activity level in units)
Variable cost per unit = (3600 - 2800) / (500 - 200)
Variable cost per unit = $2.67 per dog
How many people are in the country, living here illegally, how many have a job.
The valid reason for selling the stock now is that the -Courtney is concerned that the value of the stock will decline in the near future.
Explanation:
Courtney has invested in RAD, Inc. stock nine months back .Now she is considering tax planning strategies at the end of the year and is pondering whether or not to sell her investment in the stock.
A friend has advised Courtney that she should hold the stock for at least three more months in order to have a long-term holding period. but the consideration of Courtney that the value of the stock will decline in the near future is the reasons why she was to sell the stock at the earliest despite taking her friends advice
