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qwelly [4]
3 years ago
15

A customer has made multiple purchases of a stock at different dates. If the customer sells a portion of the position, the custo

mers cost basis is reported by the broker-dealer on_________.A.Form K-1B.Form 1099-AC.Form 1099-BD.Form 1040
Social Studies
1 answer:
Assoli18 [71]3 years ago
8 0

Answer: (C) Form 1099-B

Explanation:

The form 1099-B is defined as the IRS (Internal revenue service) tax form which is mainly issued by the barter exchange and the brokers. This type of form helps us to deal with the capital profit taxes. This is also known as the Federal form which is related to the tax.

According to the question, the broker-dealer basically report the customer cost in the form 1099-B. It helps us to calculate the total sum of the individual gain and loss which is taxable.  

Therefore, Option (C) is correct.

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Prohibition caused a dramatic rise in all of the following except
GarryVolchara [31]

Answer:

A

Explanation:

A) is correct because gambling was not more popular during the prohibition.

B) is incorrect because people went to churches more often.

C) is incorrect because organized crime went up as a way to transport illegal alcohol products.

D) is incorrect because answer choice C utilized smuggling to transport the illegal alcohol products.

8 0
2 years ago
Which of the following is the MOST negative affect of westward expansion?
aleksandr82 [10.1K]

Answer:

A.

Explanation:

8 0
3 years ago
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Make Sure You Understand The Question

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5 0
3 years ago
Read 2 more answers
2. Reexamine the lesson discussion on the devastation left by Sherman's march. What parts of
stellarik [79]

The parts of Mrs. LeConte's description would <em>reinforce the notion</em> that Reconstruction of the South would be very difficult is:

  • The part of her diary where she stated her fear that the Sherman March promised destruction and would turn "South Carolina to a wilderness"

<h3>What was Sherman's March?</h3>

This refers to the historical march which was undertaken by General William Sherman in the year 1864 when he advanced with some 60,000 strong soldiers to scare the Georgians to give up their Confederate cause.

Based on this historical march, Mrs LeConte believes that the Reconstruction of the South would be <em>very difficult </em>because of the destruction that was promised by William Sherman as he said that "not one house, he says, shall be left standing..."

Read more about Sherman's March here:
brainly.com/question/3522750

5 0
2 years ago
The federal reserve banks mainly do business with who? Individual depositors? Other banks? Or corporations?
Lilit [14]
Other banks

audit the fed!
3 0
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