Test Bank SWFT Comprehensive 2010 ch 09

Test Bank SWFT Comprehensive 2010 ch 09 - CHAPTER 9...

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CHAPTER 9 DEDUCTIONS: EMPLOYEE AND SELF-EMPLOYED-RELATED EXPENSES Instructor: The test items in both the print Test Bank and ExamView test-creation software are numbered by question type within each chapter. Thus, users of ExamView can more easily preview their selections using the printed Test Bank in the same numbering system. Learning Objective, Level of Difficulty, Estimated Time to Completion, and the AACSB’s and AICPA’s Core Competencie s for each test item are located within the item itself. Status: Q/P Question/ Present in Prior Problem Topic Edition Edition TRUE OR FALSE 1 Employee versus independent contractor status Unchanged 1 2 Taxpayer can be both an employee and an Unchanged 2 independent contractor 3 Employee versus independent contractor status: IRS Unchanged 3 ruling procedures 4 Employee versus independent contractor status New 5 Statutory employee characteristics New 6 Statutory employee versus common law employee Unchanged 6 7 Employee expenses and the availability of the New standard deduction 8 Independent contractor and the 2%-of-AGI New limitation 9 Commuting expenses and second job Unchanged 7 10 Automatic mileage rate: midyear change New 11 When automatic mileage method should be used Unchanged 9 12 Automatic mileage method and parking Unchanged 10 13 Automatic mileage method: later change to actual Unchanged 11 cost method 14 Travel expenses versus. transportation expenses Unchanged 12 15 Travel status and satisfaction of the away-from-home Unchanged 13 requirement 16 Travel expense: Saturday layover New 17 Tax home: multiple jobs New 18 Travel expenses: what is included Unchanged 14 19 Tax home and temporary job assignments Unchanged 15 20 Domestic travel and allocation of transportation Unchanged 17 expenses
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21 Foreign travel and plane fare Unchanged 18 22 Foreign travel and plane fare Unchanged 19 Status: Q/P Question/ Present in Prior Problem Topic Edition Edition 23 Moving expenses deduction: first job Modified 20 24 Moving expenses deduction: what qualifies Modified 21 25 Moving expenses: claiming deduction prior Unchanged 23 to satisfaction of time test 26 Moving expenses deduction: time test satisfied Unchanged 24 27 Moving expenses deduction: no job at time of move Unchanged 25 28 Moving expenses deduction: different trade or Unchanged 26 business 29 Moving expenses deduction: conversion from Unchanged 27 self-employed to employee 30 Education expenses: effect of pay increase or Unchanged 28 promotion 31 Education expenses and § 222: new trade or business Unchanged 29 results 32 Education expenses and travel status Unchanged 30 33 Education expenses: availability when standard Unchanged 31 deduction claimed 34 Cutback adjustment: U.S. Department of Modified 32 Transportation exception 35 Cutback adjustment and travel award Modified 33 36 Cutback adjustment and company cafeteria Modified 34 37 Cutback adjustment and nominal employee holiday Unchanged 35 gifts 38 Entertainment expense: deduction for cost of ticket
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  • Spring '10
  • SMITH
  • Expense, Taxation in the United States, Operating expense, AACSB Analytic, traditional ira, AACSB Analytic OBJ

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Test Bank SWFT Comprehensive 2010 ch 09 - CHAPTER 9...

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