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alexandr402 [8]
2 years ago
13

Inflation occurs when the money supply in a country increases faster than output increases. True or False

Business
1 answer:
ANTONII [103]2 years ago
8 0

Answer:

FALSE

Explanation:

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Ben and Molly are married and will file jointly. Ben generates $300,000 of qualified business income from his single-member LLC
AURORKA [14]

Answer:

A. $8,000

B. $14,400

Explanation:

A. Calculation to determine their tentative QBI based on the W-2 Wages/Capital Investment Limit

First step is to calculate the Applicable Percentage

Applicable percentage= 100%-($386,600 - $326,600)/100,000

Applicable percentage=40%

Now let Calculate the tentative QBI based on the W-2 Wages/Capital Investment Limit

GREATER OF BELOW:

Tentative QBI based on the W-2 Wages/Capital Investment Limit=50% of W-2 wages ($40,000 × 50% × 40%)

Tentative QBI based on the W-2 Wages/Capital Investment Limit=$8,000

OR

Tentative QBI based on the W-2 Wages/Capital Investment Limit=[ W-2 wages of ($40,000 × 25% × 40%)]+ [Unadjusted basis of qualified property of ($0 × 2.5% × 40%)]

Tentative QBI based on the W-2 Wages/Capital Investment Limit=$4,000+$0

Tentative QBI based on the W-2 Wages/Capital Investment Limit=$4,000

Therefore their tentative QBI based on the W-2 Wages/Capital Investment Limit will be $8,000

2. Calculation to Determine their allowable QBI deduction for 2020

First step is to calculate the General QBI deduction

General QBI deduction [($300,000 × 20%)× 40%]

General QBI deduction=$24,000

Second step is to calculate the Reduction Ratio

Reduction ratio= ($386,600 - $326,600)/100,000

Reduction ratio=$60,000/100,000

Reduction ratio= 60%

Now let calculate the allowable QBI deduction for 2020

General QBI deduction $24,000

Less Reduction of W-2 Wages/Capital Investment Limit ($9,600)

[($24,000-$8,000)*60%]

2020 Allowable QBI deduction $14,400

($24,000-$9,600)

Therefore their allowable QBI deduction for 2020 will be $14,400

4 0
2 years ago
A logo and/or the business or organization's name generally appears at or near the ____ corner of a webpage to help visitors ide
Oksana_A [137]
The answer to this question is  Upper-left
The creator of a website will generally want that the visitors wanted to know who are responsible in making the content.
Because of this, they usually put their name on the upper left because most people will start reading a page from that spot
4 0
3 years ago
Buffy is engaging product users to create an exhaustive list of things that bother them when they use the product and how often
Luden [163]
What is your question? :)
7 0
2 years ago
True or false? Almost every phase of business and economic activity falls under some form of government regulation.
Mnenie [13.5K]
The right answer for the question that is being asked and shown above is that: "TRUE."Almost every phase of business and economic activity falls under some form of government regulation. This statement is true as far as the phase of business and economic activity is concerned.
7 0
2 years ago
Howard Cho has been hired by Greenwood Enterprises to work on an assembly line in its small engine division. He understands that
tiny-mole [99]

Answer: Union

Explanation:

The options to the question,:

A Open

B. Managed

C. Union

D. Closed

E. Agency

From the question, we are informed that Howard Cho has been hired by Greenwood Enterprises to work on an assembly line in its small engine division and that he understands that he will be on probation for 30 days and then must join the union. This implies that Cho enterprise has a union shop.

A union shop is a form of a union security clause whereby the employer may employ workers who are into the union or those who don't but those that are not yet union members will have to join after a 30 days period.

8 0
3 years ago
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