Answer:
c. $5,000
Explanation:
Bruce can deduct loss of $5,000
<span>No.
Since the atom has 31 protons, that means it's an isotope of gallium. Looking up gallium, you can determine that in nature it's composed of the two stable isotopes, gallium-69 and gallium-71, which have 38 and 40 neutrons respectively. Looking further, you will find that gallium-62 has a half life of 116.18 milliseconds which means it's quite unstable.</span>
Answer:
Contribute to individual 401(k) = $61,000
Explanation:
Given:
Revenue = $538,000
Expenses = $107,600
Find:
Contribute to individual 401(k)
Computation:
Contribute to individual 401(k) = $55,000
Kathy is younger then 50 years so, She have t pay $6,000 more:
So,
Contribute to individual 401(k) = $55,000 + $6,000
Contribute to individual 401(k) = $61,000
Answer:
a) Ending adjusted basis and at-risk amount $ 0
(b)The current passive loss is $12,000. Because $7,500 of the loss is used to reduce
the at-risk amount to $0, $4,500 is suspended under the at-risk rules ($12,000 − $7,500 = $4,500).
(c) The $7,500 loss that is not limited by the at-risk rules is subject to the passive loss
rules. Because the taxpayer has not generated any passive income during the year, this $7,500 current-year passive loss is suspended. Therefore, the total suspended passive loss carried forward to subsequent years totals $9,000 ($7,500 current-year suspended loss + $1,500 prior year suspended loss).
Explanation:
Answer:
Insurer pay the beneficiary = $50,000
Explanation:
Data provided in the question:
Amount of the policy bought by the S = $50,000
Accidental death cover = 50,000
Now,
When the S dies the insurer will pay the beneficiary the total amount for which is covered under the accidental cover i.e equal to the amount 50,000
hence,
Insurer pay the beneficiary = $50,000
