subject
Business, 13.03.2022 05:10 bartam833oz4qy6

Mr. Quinn, a single taxpayer, recognized a $900 net short-term capital gain and a $1,380 long-term capital gain this year. Which of the following statements is false? Multiple Choice If Mr. Quinn's taxable income excluding his capital gains is $30,000 (marginal tax rate of 12%), the total income tax on his capital gains is $108. If Mr. Quinn's taxable income excluding his capital gains is $530,000 (marginal tax rate of 37%), the total income tax on his capital gains is $609. Only $1,380 of the capital gain is subject to a preferential tax rate. None of these choices are false.

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 21:40
Forecasting as a first step in the team’s decision making, it wants to forecast quarterly demand for each of the two types of containers for years 6 to 8. based on historical trends, demand is expected to continue to grow until year 8, after which it is expected to plateau. julie must select the appropriate forecasting method and estimate the likely forecast error. which method should she choose? why? using the method selected, forecast demand for years 6 to 8.
Answers: 2
question
Business, 22.06.2019 01:00
The penalties for a first-time dui charge include revocation of drivers license a. 180 days b. ben 180 des and one year c. bence 90 and 180 d. one year
Answers: 2
question
Business, 22.06.2019 03:40
2. the language of price controls consider the market for rental cars. suppose that, in a competitive market without government regulations, the equilibrium price of rental cars is $58 per day, and employees at car rental companies earn $19.50 per hour. complete the following table by indicating whether each of the statements is an example of a price ceiling or a price floor and whether it results in a shortage or a surplus or has no effect on the price and quantity that prevail in the market. statement price control effect there are many teenagers who would like to work at car rental companies, but the minimum-wage law sets the hourly wage at $23.00. the government has instituted a legal minimum price of $87 per day for rental cars. the government prohibits car rental companies from renting out rental cars for more than $87 per day.
Answers: 2
question
Business, 22.06.2019 15:00
Match the terms with the appropriate definition. 1. work done for pay job 2. series of related jobs based on knowledge, training, tasks performed, interests, and experience career 3. buying or selling products and services using the internet mediation 4. wage amount after deductions are withheld net wage 5. a way a person chooses to live his or her life e-commerce 6. the people who are both able and willing to work technology 7. unequal treatment of others based on a bias concerning a person’s characteristics such as race, religion, gender, or age discrimination 8. the act of sharing information lifestyle 9. the use of a third party to make suggestions workforce 10. knowledge and tools used to perform tasks communication
Answers: 2
You know the right answer?
Mr. Quinn, a single taxpayer, recognized a $900 net short-term capital gain and a $1,380 long-term c...
Questions
question
English, 10.02.2021 18:30
question
Mathematics, 10.02.2021 18:30
question
Mathematics, 10.02.2021 18:30
question
Mathematics, 10.02.2021 18:30
question
History, 10.02.2021 18:30
Questions on the website: 13722363