eform_B_PSA4_A - e-file Form | Due Date & Time Team...

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e-file Form PSA4 Wednesday, December 1, 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 17 – Pr #31 (pp. 17-45 and 17-46): Student score = of 7 possible a. How are the capital gains and losses treated on Gorilla’s 2010 Tax return? Amount ½ pt Net short-term capital gain ½ pt Net long-term capital loss ½ pt Net capital loss ½ pt Amount deductible in 2010 b. Determine the amount of the loss that can be carried back. ½ pt 2010 net capital loss Offset against ½ pt 2007 (net long-term capital gains) ½ pt 2008 (net short-term capital gains) ½ pt 2009 (net long-term capital gains) ½ pt Total carrybacks c. Determine the amount of capital loss carryover. ½ pt 2010 net capital loss ½ pt Total carrybacks ½ pt Carryover 1 pt Years to which the loss may be carried 1
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e-file Chapter 17 – Pr #39 (p. 17-47): Student score = of 5 possible Determine the dividends received deduction. Green
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eform_B_PSA4_A - e-file Form | Due Date & Time Team...

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