Answer:
blank1.create a website for the business, blank2.buying office supplies and furniture
Answer:
$658,000
Explanation:
If John and Sheryl bought their home for $354,000 and made $129,000 of improvement, the total cost on purchasing the house will be coat of the house + improvement which gives $354,000+$129,000
= $483,000
If they later sold the home for $1,085,000 and paid $56,000 in selling expenses, including the broker's commission, the total selling cost will be $1,085,000+$56,000
= $1,141,000
Capital gain = $1,141,000 - $483,000
Capital gain = $658,000
This means they will pay capital gain tax on their interest which is $658,000
Answer:
Explanation:
The passing relative methods the individual who meet the five necessities of IRS for example
(I). The individual should be the resident of Canada, US or Mexico or the outsider occupant of US.
(ii). Individual ought not be the passing kid.
(iii). The individual should be the relative of citizen for complete year and have relationship with citizen either by gift or blood.
(iv). The individual ought to have under $4,200 net pay in 2019.
(v). Citizen is supporting higher than half cost of the individual.
Since, the gross salary of Debbie is $18,250 and subsequently she is not the qualifying relative
