ACCT6921 - Chapter 14 HW.docx - Katelyn Smith ACCT6921 Chapter 14 Partnership Taxation Tax Return Problem 1 Items Sales Cost of goods sold Guaranteed

ACCT6921 - Chapter 14 HW.docx - Katelyn Smith ACCT6921...

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ACCT6921 Katelyn Smith Chapter 14 – Partnership Taxation Tax Return Problem 1: Items Ordinary Separately Stated Items Sales X Cost of goods sold X Guaranteed payment to Paul X X Rent expense X Depreciation X Interest expense X Tax-exempt income X Health insurance premiums for Paul X Health insurance premiums for Wayne X Tax Return Problem 2: Items Ordinary Separately Stated Items Income X Interest income X Dividend income (qualified) X Long-term capital gains
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  • Spring '14
  • DanielL.Schisler
  • Depreciation, Taxation in the United States, health insurance premiums, Tax Return Problem

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