subject
Business, 11.12.2019 20:31 Foxfire5109

In 2019, bertha jarow had a $28,000 loss from the sale of a personal residence. she also purchased from an individual inventor for $7,000 (and resold in two months for $18,000) a patent on a rubber bonding process. the patent had not yet been reduced to practice. bertha purchased the patent as an investment. in addition, she had the following capital gains and losses from stock transactions: long-term capital loss ($6,000)long-term capital loss carryover from 2018 (12,000)short-term capital gain 21,000 short-term capital loss. (7,000)a. what is bertha's net capital gain or loss? b. complete the letter to bertha, explaining the tax treatment of the sale of her personal residence. assume bertha's income from other sources puts her in the 24% bracket.

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 04:30
The lee family is looking to buy a house in one of two suburban areas just outside of a major city, and air quality is a top priority for them. overall air quality is calculated by taking measures in 100 locations within each suburb and then calculating a measure of central tendency. in one suburb, there is a major bus station that creates very poor air quality at its location but has no impact in the surrounding parts of the suburb. in this situation, which measure of overall suburb air quality would be most useful?
Answers: 3
question
Business, 22.06.2019 11:10
How much are you willing to pay for a zero that matures in 10 years, has a face value of $1,000 and your required rate of return is 7%? round to the nearest cent. do not include a dollar sign in your answer. (i.e. if your answer is $432.51, then type 432.51 without $ sign)
Answers: 1
question
Business, 22.06.2019 15:00
1. list five staple convenience goods that you or your household buys on a regular basis. (you do not need to use complete sentences. 2.5 points) 2. list three impulse convenience goods that you or someone you know has purchased. (you do not need to use complete sentences. 2.5 points) 3. describe a shopping good that you or someone you know purchased. what kind of research did you or that person do before buying the product? (1-5 sentences. 3.0 points) 4. choose an example of a company you could start, and decide which business structure would make the most sense for that type of company (sole proprietorship, partnership, llc, c corporation, s corporation, or nonprofit corporation). explain why this structure would be good for this type of company. give at least 3 reasons. (3-6 sentences. 6.0 points) 5. if you were starting a new business, describe at least three departments to the company that you would need right away. why are these departments so important? (1-5 sentences. 3.0 points) 6. describe a product that you think has saturated its market. what makes you think it has saturated its market? (1-5 sentences. 3.0 points)
Answers: 2
question
Business, 22.06.2019 18:00
Martha entered into a contract with terry, an art dealer. according to the contract, terry was to supply 18 th century artifacts to martha for the play she was directing, and martha was ready to pay $50,000 for this. another director needed the same artifacts and was ready to pay $60,000. terry decided not to sell the artifacts to martha. in this case, the court may order terry to:
Answers: 2
You know the right answer?
In 2019, bertha jarow had a $28,000 loss from the sale of a personal residence. she also purchased f...
Questions
question
English, 07.10.2021 01:00
question
Mathematics, 07.10.2021 01:00
question
Chemistry, 07.10.2021 01:00
question
Computers and Technology, 07.10.2021 01:00
Questions on the website: 13722367