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VARVARA [1.3K]
2 years ago
12

What tax event must take place when a taxpayer receives a Form 1099-A?

Business
1 answer:
Ad libitum [116K]2 years ago
8 0
Gain or loss from the sale of property must be calculated. The loss from foreclosure of property must be subtracted from wage income.
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How do u add people as your friend?
Rudik [331]

Answer:

You click there profile, and then click add friend. and it will friend request them.

Explanation:

:)

4 0
3 years ago
Which statement concerning process cost accounting is correct?  
GalinKa [24]
I think the answer is C. Individual work in the process accounts are maintained for each production department of manufacturing process. 
6 0
2 years ago
Which of the following is not a standard organizational structure
dexar [7]

Question Completion with Options:

i. Line Organisation

ii. Staff Organisation

iii. Functional Organisation

iv. Committee Organisation Code  

Answer:

The option that is not a standard organizational structure is:

iv. Committee Organisation Code

Explanation:

The organizational structure adopted by an entity reflects how some of its rules, roles, and responsibilities are directed between organizational levels in order to achieve its goals. The organizational structure also shows the information flows between different levels within the entity.  Traditionally, organizations maintained hierarchical, functional, divisional, matrix, and flat organizational structures.  Given current digitalization with its internet of things (IoT), more decentralized, network, and team-based organizational structures have emerged.

8 0
2 years ago
Bill is the owner of a house with two identical apartments. He resides in one apartment and rents the other apartment to a tenan
Mnenie [13.5K]

Answer:

B. $2,600

Explanation:

The computation of the net rental income is shown below:

= Monthly rental payments × total number of months in a year - (utilities + maintenance & repairs  + insurance) × percentage - depreciation expense

= $550 × 12 months - ($3,600 + $900 + $500) × 50% - $1,500

= $6,600 - $2,500 - $1,500

= $2,600

Since only one apartment is on rent so we considered the expenses of the building at 50% not full value and the same is applied above

5 0
2 years ago
Suppose that germany decides to become self-sufficient in bananas and even to export them. in order to accomplish this, large ta
Vinvika [58]

Germany does not have a comparative advantage, which is the ability to do something better or more efficiently that someone else. Even though they are producing bananas, the industry is artificially supported by the tax incentives and not because Germany is an amazing banana-growing location.

The consequences for the economy are lost opportunity costs that could be producing things where they <em>do </em>have a comparative advantage (cars, for example). Another consequence is that the tax money could be better spent on other things.

8 0
2 years ago
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