Problem set Capital gains and losses problems
1. XYZ Corp. has 100,000 taxable income before considering capital gains and
losses. XYZ Corp. has the following capital gains and losses:
Capital gains and losses
LTCG
$20,000
LTCL
(15,000)
STCG
STCL
10,000
(

A327 - Sample Exam Questions Set B
1.
(2 points)
ReMax, the national real estate brokerage firm, has recently announced plans to enable
homebuyers to make purchase offers on homes directly over the internet. This process would
enable buyers and sellers to

Sample Exam Questions Set E Chapter 6
8-18-11
1.
(18 points)
- 2 per item; max is -4 per question
Consider the data below:
I
12,000
tc
35%
tp
20%
n
10
g
15%
R
12%
a.
Compute the after-tax future value of an investment in a flowthrough.
Flowthrough Entity

Formula Sheet for Exam 2 Chapters 5, 6 and 7
After-Tax Internal Rate of Return (r) - General r Formula
1/ n
ATFV
ATIRR r
1
I
where:
ATFV after-tax future value.
I
initial after-tax investment (present value).
n
holding period (years).
Chapter 5 info

Sample Exam D Questions Set D
Ch 5 and 7
Chapter 5
1.
(3 points)
Given the items below, compute the taxpayers effective marginal tax rate that
would be applied to the next $1 of salary. The taxpayer files as a single
individual and uses the standard deduc

Sample Exam Question set F
A327 Exam 2 Sample Chapter 7 Question
Transfer Pricing
29.
(13 points)
Parent corp. is a U.S. corporation and owns 100 percent of Sub Corp. which is
located in France. Parents tax rate is 35 percent and Subs tax rate is 20
perce

Exam 1 Sample Exam Questions Set A
1.
(14 points)
Marty purchased stock for $5,000 and sold it 10 months later for $3,000. There
is no broker fee paid on the day of purchase. However, there is a 2 percent
broker fee paid on the day of sale. The $3,000 sal

Professor Jerrold J. Stern
Name _
Section:
9:30
1:00
Exam 1 Instructions
This page will be the first page of the exam.
Accounting 327
The exam is a controlled exam. Thus, if you receive the exam back after it is graded, you will not be
allowed to keep the

Sample Exam Questions Set C
5.
(7 points)
Robyn paid $4,000 for gold bullion in Year 1. She is not a dealer or broker. She
plans on it in 10 years and expects a 7 percent annual growth rate. Robyns
marginal tax rate on ordinary income is 28 percent. Her l

Tax Calculator - 2013
Calculation of Regular Income Tax Liability
Inputs:
Taxable income
Filing status (Enter 1 for MFJ, 2 for Single,
3 for H of H, and 4 for MFS).
$200,000
1
Output:
Regular income tax liability - Individual
Regular income tax liability

TCA Chapter 7 Problem Solutions
Self-Study Questions Answers to these questions are located in Chapter 6 after the
last Self-Study Question.
Problem:
14.
Recall - Objective 1 - Territorial and world-wide jurisdiction
Define and give examples of territoria

Tax Return Exercise Fall 2013 First 8 Weeks
Professor J. Stern
Due at the start of class, Tuesday, October 1st
Prepare a tax return based on the information below. Put your name and section (9:30,
1:00, etc.) on the top of Form 1040, page 1. Tax return fo