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Aleks04 [339]
2 years ago
14

Rent payments that are processed through a third-party network after March 11, 2021, should be reported to the taxpayer on:

Business
1 answer:
pogonyaev2 years ago
7 0

After March 11, 2021, such rent payments as described above should be reported on <u>Form 1099-MISC,</u><u> Miscellaneous </u><u>Information</u><u>.</u>

The subject of rent payments made through third party networks is covered under the American Rescue Plan Act which:

  • Was signed by President Biden on March 11, 2021.
  • Clarifies the scope of Form 1011-K.

The Act shows that when rent payments are made through third-party networks, they should be treated as miscellaneous information and reported on Form 1099-MISC.

Find out more on Form 1099 at brainly.com/question/25485090.

You might be interested in
The price of a European call option on a non-dividend-paying stock with a strike price of $50 is $6. The stock price is $51, the
klemol [59]

Answer: 2.09

Explanation:

Given the following ;

Strike price (K) = $50

Price (c) = $6

Rate (r) = 6% = 0.06

Stock price (So) = $51

Time (T) = 1

Recall, relation for a put-call parity(p) is given by:

p + So = c + Ke^-(rT)

p = c + [Ke^-(rT)] - So

p = 6 + [50e^-(0.06 × 1)] - 51

p = 6 + [50×e^-0.06] - 51

p = 6 + (50 × 0.9417645) - 51

p = 6 + 47.0882267 - 51

p = 53.0882267 - 51

p = 2.0882267

p = 2.09

4 0
3 years ago
What specific challenges exist in defining the operational requirements for a system of systems configuration? What is meant by
Alex787 [66]

Answer:interoperability : This is the ability of computer system or software to exchange and make use of information. In other words, interoperability is the property that allows the unrestricted sharing of resources between different systems. It can also be defined as the exchange information resources between different computer through local area network (L. A. N) or wide area network (W. A. N)

There are two main types of interoperability

1.syntactic interoperability

2.Semantic interoperability

Examples

Health care:Hospital and laboratory are increasingly adopting new technologies and devices that are driven by sophisticated software which must integrate at the point of care and with electronic system such as electronic media records.

Explanation:

3 0
4 years ago
When the founder of Zappos decided to move from a​ drop-ship model to one where they could control the handling and shipment of
satela [25.4K]

Answer: Strategic planning

       

Explanation: In simple words, strategic planning refers to the group of activities performed by the management with the objective of making all the stakeholders work towards the same goal.

It focuses on allocating capital and resources in an efficient manner so that profit could be maximized.

In the given case, when zappos decided to shift their controlling process they somehow changed their resource allocation.

Hence from the above we can conclude that the correct option is B.

8 0
4 years ago
On January 1, year 4, Griffin, Inc. purchased 12% of Hydra Co.’s common stock. At that time Griffin did not have the ability to
cricket20 [7]

Answer:

Only 35% of the dividend arising from September to December, 2014 would be recognized as revenue in the income statement.

Explanation:

The remainder of the income is not relevant as it was accounted for under the market value method because the share holding was below the associate shareholding. Under the market value method, gain and losses on the increase and decrease of market value of investment are recognized in the comprehensive income statement.

The equity method says that the income from the investment is only recognized if the shareholding is above the shareholding requirement of associate. So from the month the investment was considered as an associate investment which is September, 2014 and onwards, the firm must recognize dividends received from this date as an income in its financial statement.

4 0
3 years ago
What would a casualty insurance policy cover?
svetlana [45]

Answer:

The answer is (D) a customer injury caused by employee negligence.

Explanation:

A casualty insurance policy is a type of insurance that covers liabilities for individuals or organizations when negligence or omissions occur. It can apply to a variety of insurance types, such as aviation insurance, automobile insurance, and electronics insurance. It is not related to life insurance, health insurance, or property insurance. This makes (D) the only viable answer.

5 0
3 years ago
Read 2 more answers
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