eform_B_PSA3_A - e-file Form | Due Date & Time Team Members...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
Form PSA3 Wednesday, October 27, 2010 @ 8 AM Team Members 1. (Last Name, First Name) 2. 3. Team Number 4. 5. Section (A, B, C): (A = TR @ 2 pm, B = TR @ 4 pm, C= MW @ 8 am) Team Score | Comments of 25 Chapter 9 – Pr #35 (p. 9-47): Student score = of 8 possible a. Rex’s adjusted basis using the automatic mileage method: Amount ½ pt Cost of automobile Less depreciation (under automatic mileage method) Year Mileage (M) Business Use (U) Rate (R) M X U X R 1 pt 2008 1 pt 2009 1 pt 2010 ½ pt Adjusted basis on 1/1/2011 b. Rex’s adjusted basis using the actual cost method: ½ pt Cost of automobile Less depreciation (under actual cost method) Yr (Y) Cost (C) R BU Amt-T Limit (L) BU Amt-L Allowed 1 pt 2008 1 pt 2009 1 pt 2010 ½ pt Adjusted basis on 1/1/2011 Chapter 9 – Pr #53 (p. 9-51): Student score = of 1 possible Amount 1 pt How much of the funds can Stuart withdraw tax free? Chapter 9 – Pr #54 (p. 9-51):
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 01/28/2011 for the course ACCY 505 taught by Professor Staff during the Fall '08 term at University of Illinois, Urbana Champaign.

Page1 / 3

eform_B_PSA3_A - e-file Form | Due Date & Time Team Members...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online