subject
Business, 10.09.2019 19:30 Frankie103947

Indicate whether the following items are "included in" or "excluded from" gross income. a. alimony payments received (relates to a divorce settlement in 2016). b. damages award received by the taxpayer for personal physical injury—none were for punitive damages. c. a new golf cart won in a church raffle. d. amount collected on a loan previously made to a college friend. e. insurance proceeds paid to the taxpayer on the death of her uncle—she was the designated beneficiary under the policy. f. interest income on city of chicago bonds. g. jury duty fees. h. stolen funds the taxpayer had collected for a local food bank drive. i. reward paid by the irs for information provided that led to the conviction of the taxpayer's former employer for tax evasion. j. an envelope containing $8,000 found (and unclaimed) by the taxpayer in a bus station.

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 05:30
The hartman family is saving $400 monthly for ronald's college education. the family anticipates they will need to contribute $20,000 towards his first year of college, which is in 4 years .which best explain s whether the family will have enough money in 4 years ?
Answers: 1
question
Business, 22.06.2019 06:00
Cash flow is often a problem for small businesses. how can an entrepreneur increase cash flow? a) locate lower-priced suppliers. b) forego sending in estimated tax payments to the irs c) shorten the terms on a bank loan to pay it off more quickly d) sell more low-margin items.
Answers: 1
question
Business, 22.06.2019 20:00
Lillypad toys is a manufacturer of educational toys for children. six months ago, the company's research and development division came up with an idea for a unique touchscreen device that can be used to introduce children to a number of foreign languages. three months ago, the company produced a working prototype, and last month the company successfully launched its new device on the commercial market. what should lillypad's managers prepare for next? a. increased competition from imitators b. a prolonged period of uncontested success c. a sharp decline in demand for the product d. a difficult struggle to move from invention to innovation
Answers: 2
question
Business, 22.06.2019 20:30
(30 total points) suppose a firm’s production function is given by q = l1/2*k1/2. the marginal product of labor and the marginal product of capital are given by: mpl = 1/ 2 1/ 2 2l k , and mpk = 1/ 2 1/ 2 2k l . a) (12 points) if the price of labor is w = 48, and the price of capital is r = 12, how much labor and capital should the firm hire in order to minimize the cost of production if the firm wants to produce output q = 18?
Answers: 1
You know the right answer?
Indicate whether the following items are "included in" or "excluded from" gross income. a. alimony p...
Questions
question
Mathematics, 23.11.2019 03:31