a Determine the amount if any of the net capital loss of 50300 that is

# A determine the amount if any of the net capital loss

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a. Determine the amount, if any, of the net capital loss of \$50,300 that is deductible in 2018. \$ 0 2 b. Determine the amount, if any, of the net capital loss of \$50,300 that is carried forward to 2019 \$ 30180 Page 2 of 2 9/17/2018 ...
Exercise 3-23 (Algorithmic) (LO. 1) Aqua Corporation purchases nonresidential real property on May 8, 2015, for \$1,680,000. Straight-line cost recovery is taken in the amount of \$168,000 before the property is sold on November 30, 2018, for \$2,520,000. Page 1 of 3 9/17/2018 ...
Feedback Check My Work Partially correct Solution 1a. Compute the amount of Aqua's recognized gain on the sale of the realty. 2b. Determine the amount of the recognized gain that is treated as § 1231 gain and the amount th§ 291. Page 2 of 3
2 Check My Works used Page 3 of 3 9/17/2018 ...
Exercise 3-26 (Algorithmic) (LO. 1)Compute the charitable contribution deduction (ignoring the percentage limitation) for each of the following C corporations.If required, round your answers to nearest dollar. Page 1 of 3 9/17/2018 ...
Feedback Check My Work Correct Solution Page 2 of 3 9/17/2018 ...
1 Check My Work used 1 a. Amber Corporation donated inventory of clothing (basis of \$81,000, fair market value of \$101, that operates homeless shelters. \$ 91125 2 b. Brass Corporation donated stock held as an investment to Western College (a qualified organiz years ago for \$105,600, and the fair market value on the date of the contribution is \$168,960. We \$ 168960 3 c. Ruby Corporation donates a sculpture held as an investment and worth \$231,600 to a local mu exhibits the sculpture. Ruby acquired the sculpture four years ago for \$92,640. \$ 231600 Page 3 of 3 9/17/2018 ...
Exercise 3-27 (Algorithmic) (LO. 2)Crane and Loon Corporations, two unrelated C corporations, have the following transactions for the current year.CraneLoonGross income from operations\$221,000 \$353,600 Expenses from operations309,400 371,280 Dividends received from domestic corporations (15% ownership)132,600 265,200 Click here to access the dividends received deduction tablea. Compute the dividends received deduction for Crane Corporation. .