dmbailey11971 dmbailey11971

23-12-2022
Business

Answered

ronaldo receives a schedule k-1 from a family business that he does not actively participate in. on it, he shows interest income of $245 and dividends of $681. the schedule k-1 also includes $275 in annuities. ronaldo also has a passive loss of $1,721 from another business. can he offset the loss with the schedule k-1 income?

Answer :

Other Questions

what is the business-to-business (b2b) online purchase and sale of supplies and services?

singer and mcmann are partners in a business. singer's original capital was $39,300 and mcmann's was $51,900. they agree to salaries of $12,700 and $17,300 for

a married taxpayer, age 48, received the following in year 1: interest earned on federal treasury bills $ 1,000 interest earned on municipal bonds 2,500 interes

which financial; report provices the value of the things the business owns and who has a claim on that value

a local pet supplies boutique had a good year with rising revenues and reduced operating costs resulting in personal income for the owner of nearly $100,000. on

a taxpayer, age 45, had the following for year 1: w-2 income $ 110,000 traditional ira contribution 5,000 coverdell education savings account contribution 2,000

in the market for a given product, when a price floor is set above the equilibrium price the result will be group of answer choices more exchanges made in the m

jason owns blue corporation bonds (face value of $10,000), purchased on january 1, 2021, for $11,000. the bonds have an annual interest rate of 3% and a maturit

a married individual received the following in the current year: workers' compensation award $ 25,000 w-2 wage income $ 20,000 unemployment compensation $ 4,800

francisco was transferred from phoenix to atlanta. he sold his phoenix residence (adjusted basis of $250,000) for a realized loss of $50,000 and purchased a new