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# CH13HW - a 6,000 = 40,000 34,000 b c 34,000 d 20,000 §1245...

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(CH13) 33, 37, 39, 41, 43, 45, 47, 49, 56 13.33 a) 54,000 AGI = 40,000 + 14,000 b) 28,000 AGI = 40,000 - 12,000 OL c) 37,300 AGI = 40,000 - 9,000 OL + 6,300 LTCG d) 30,000 AGI = 40,000 - 7,000 OL - 3,000 (limit) LTCL 13.37 a) 0 b) 3,000 13.39 NCG §1231 Gs §1231 Ls Cumulative 2002 2,000 9.0 7.0 2003 (4,000) 20.0 24.0 -4,000 2004 (7,000) 12.0 19.0 -11,000 2005 0 9.0 4.0 -6,000 2006 5,800 25.0 13.2 0 2007 (7,000) 10.0 17.0 13.41 a) 407 - 300 = 107 realized gain >>> §1245 OI b) 752 - 300 = 452 realized gain >>> 350 = §1245 OI >>> 102 = §1231 gain c) 245 - 300 = 55 realized loss >>> §1231 loss 13.43 a) 403 = 806/2 6,000 * 70% = 4,200 MAX Depreciation b) 487 = 3,000*70%-(4200-840-1344-403) -840 -20% Gain = 487 -1344 -32% Adj Base= 1613 806.40 19.20% 13.45 a) 6,000 = 40,000 - 34,000
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Unformatted text preview: a) 6,000 = 40,000 - 34,000 b) c) 34,000 d) 20,000 §1245 Gain e) 29,000 §1245 OI >>> 2,000 §1231 Gain 13.47 a) 610,000 b) §1250 OI = 130,000 >>> §1231 Gain = 480,000 SP AB c) §1231Gain = 80,000 Building 720,000 110,000 Land 180,000 100,000 13.49 a) Increase 12,000 x 30% b) Increase (19,000 - 10,000) = 9,000 LTCG 1231 c) 163,000 - 140,000 = 23,000 LTCG §1231 10,000 @ 30% 13,000 @ 25% d) 127,000 - 140,000 = (13,000) §1231 LTCL 13.56 a) 4,050,000 - 1,700,000 = 2,350,000 1,000,000 @ 25% §1250 1,350,000 @ 15% §1231 b) 450,000 - 300,000 = 150,000 §1231 Gain c) 1,000,000 §1250 Gain @ 25% d) 1,000,000 - 50,000 = 950,000 @ 25%...
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