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1. The 222 deduction for tuition and related expenses is available:
2. A worker may prefer to be classified as an employee (rather than an independent contractor) for
which of the following reasons:
3. Aaron is a self-employed practical nurse who works out of his home. He provides nursing care for
disabled persons living in their residences. During the day he drives his car as follows
4. Jordan performs services for Ryan. Which of the following factors indicate that Jordan is an
independent contractor, rather than an employee?
5. Aiden performs services for Lucas. Which of the following factors indicate that Aiden is an
employee, rather than an independent contractor?
6. Paul, a calendar year married taxpayer, files a joint return for 2013. Information for 2013 includes
the following:
AGI
$175,000
13,500
3,000
18,900
6,800
$1,500 as a charitable contribution. In addition, she incurred the following costs in connection with
the trip: $600 for transportation, $1,200 for lodging, and $400 for meals. What is Emilys deduction
associated with this charitable activity?
11. Josh has investments in two passive activities. Activity A (acquired three years ago) produces
income of $30,000 this year, while Activity B (acquired two years ago) produces a loss of $50,000.
What is the amount of Joshs suspended loss for the year?
12. Rick, a computer consultant, owns a separate business (not real estate) in which he participates.
He has one employee who works part-time in the business
13. Charles owns a business with two separate departments. Department A produces $100,000 of
income and Department B incurs a $60,000 loss. Charles participates for 550 hours in Department A
and 100 hours in Department B. He has full-time employees in both departments
14. Sandra acquired a passive activity three years ago. Until last year, the activity was profitable and
her at-risk amount was $300,000. Last year, the activity produced a loss of $100,000, and in the
current year, the loss is $50,000. Assuming Sandra has received no passive income in the current or
prior years, her suspended passive loss from the activity is:
15. Nell sells a passive activity with an adjusted basis of $45,000 for $105,000. Suspended losses
attributable to this property total $45,000. The total gain and the taxable gain are: