subject
Business, 24.08.2021 20:50 cacaface311

Kia Lopez is single (SSN 412-34-5670) and resides at 101 Poker Street, Apt. 12A, Hickory, FL 34714. Her W-2 shows the following: Wages $56,500
Federal withholding 5,100
Social security wages 56,500
Social security withholding 3,503
Medicare withholding 819
State withholding -0-

In 2016, Kia contributed cash of $7,000 to Apartment Rentals Limited Partnership (ARLP) in return for a 13% limited partnership interest. She is an active participant. Kia’s shares of ARLP income and losses for the year per her K-1 were as follows:

Interest $35
Dividends (qualified) 290
Capital gains (long-term) 700
Rental loss (8,300)

Required:
ARLP had no liabilities. Kia does not itemize and has no other investments or passive activities. Prepare Form 1040 for Kia Lopez for 2016.

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 23:50
Juan has a retail business selling skateboard supplies he maintains large stockpiles of every item he sells in a warehouse on the outskirts of town he keeps finding that he has to reorder certain supplies all the time but others only once a year how can he solve this problem?
Answers: 1
question
Business, 22.06.2019 03:00
Which of the following is not a consideration when determining your asset allocation
Answers: 3
question
Business, 22.06.2019 17:00
Jillian wants to plan her finances because she wants to create and maintain her tax and credit history. she also wants to chart out all of her financial transactions for the past federal fiscal year. what duration should jillian consider to calculate her finances? from (march or january )to (december or april)?
Answers: 1
question
Business, 22.06.2019 17:30
One of your new suppliers, kim, has been hearing rumors about your firm’s lack of capability to deliver high quality products and writes an email asking you to address the claims being made. in replying to her, you want to be sure that you are very clear and leave no room for misinterpretation. which of the following aspects of effective communication should you give the most attention? (a) making sure you understand kim’s areas of expertise. (b) supporting your reply with relevant data and facts. (c) establishing your credibility as an expert. (d) paying attention to implied communications.
Answers: 2
You know the right answer?
Kia Lopez is single (SSN 412-34-5670) and resides at 101 Poker Street, Apt. 12A, Hickory, FL 34714....
Questions
question
Mathematics, 15.06.2021 06:00
question
Mathematics, 15.06.2021 06:00
question
Mathematics, 15.06.2021 06:00
question
Mathematics, 15.06.2021 06:00
question
Mathematics, 15.06.2021 06:00
question
Mathematics, 15.06.2021 06:00
question
Mathematics, 15.06.2021 06:00