Solution :
QBI 300000 W-2 wages 40000
Taxable 3814000 QBP 10000
income
W-2 limit
Phase greater of
out MFJ
Start 315000 50% of W-2 20000
Finish 415000 or 25% of W-2 10250
+ 2.5% of QBP
Selected 20000 Being higher As part 1
Taxable income above phase out
66%
Now applying gross deduction and phase out
Gross deduction Being 20% of QBI = 66000
Less : wage limit of QBI - 20000
Phase out % x 66%
Phase out amount 30,360
Final deduction = gross deduction- phase out amount
= 66,000 - 30,360
= 35,640
Answer: $55,000
Explanation:
Material costs are $10 per unit and have been completed in regards to the 2,500 units.
Material cost = 10 * 2,500
= $25,000
Conversion costs are $30 per unit and have only been 40% completed.
= (40% * 2,500) * 30
= 1,000 * 30
= $30,000
Ending Work in Progress Inventory Cost = Material Cost + Conversion Cost
= 25,000 + 30,000
= $55,000
FinCEN regulations often impose AML compliance program requirements and SAR obligations on insurance companies. This focus would include all of the following products EXCEPT personal liability insurance.
<h3>Insurance Rules</h3>
The insurance regulations is known to apply only to insurance companies. The the insurance company is held accountable for the conduct and effectiveness of its AML compliance program.
The purposes of an AML compliance program, includes:
- A permanent life insurance policy.
- Any annuity contract,
- Any insurance product with features of cash value or investment etc.
Learn more about Insurance from
brainly.com/question/25855858
Answer:
$27,600
Explanation:
A. To record equity income
Dr Investment in macro $36,200
Cr Equity income from macro $36,200
(40%×90,500= 36,200)
B.To record cash dividend
Dr Cash $8,600
Cr Investment in macro $8,600
(40%×21,500=8,600)
Therefore:
Increased in investment- macro company stock
$36,200-$8,600= $27,600
Here is the correct answer of the given question above. In economics, the complementary good to energy drinks would be SWEETS. In economics, a complementary good is defined as the good that can be used along with other goods. In addition, a substitute good for energy drinks can either be coffee or tea. Hope this answer helps.
