Helena has the following long-term capital gains and losses for 2019: $65,000 28% gain, $53,000 28% loss,
Question:
Helena has the following long-term capital gains and losses for 2019: $65,000 28% gain, $53,000 28% loss, $28,000 25% gain, and $24,000 0%/15%/20% loss. She also has a $33,000 short-term loss and a $65,000 short-term gain. What is Helena’s AGI from these transactions? If she has a net long-term capital gain, what is its makeup in terms of the alternative tax rates?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 50% (4 reviews)
Helena has 48000 AGI 16000 from net LTCG and 32000 from net STCG She ha...View the full answer
Answered By
Ashington Waweru
I am a lecturer, research writer and also a qualified financial analyst and accountant. I am qualified and articulate in many disciplines including English, Accounting, Finance, Quantitative spreadsheet analysis, Economics, and Statistics. I am an expert with sixteen years of experience in online industry-related work. I have a master's in business administration and a bachelor’s degree in education, accounting, and economics options.
I am a writer and proofreading expert with sixteen years of experience in online writing, proofreading, and text editing. I have vast knowledge and experience in writing techniques and styles such as APA, ASA, MLA, Chicago, Turabian, IEEE, and many others.
I am also an online blogger and research writer with sixteen years of writing and proofreading articles and reports. I have written many scripts and articles for blogs, and I also specialize in search engine
I have sixteen years of experience in Excel data entry, Excel data analysis, R-studio quantitative analysis, SPSS quantitative analysis, research writing, and proofreading articles and reports. I will deliver the highest quality online and offline Excel, R, SPSS, and other spreadsheet solutions within your operational deadlines. I have also compiled many original Excel quantitative and text spreadsheets which solve client’s problems in my research writing career.
I have extensive enterprise resource planning accounting, financial modeling, financial reporting, and company analysis: customer relationship management, enterprise resource planning, financial accounting projects, and corporate finance.
I am articulate in psychology, engineering, nursing, counseling, project management, accounting, finance, quantitative spreadsheet analysis, statistical and economic analysis, among many other industry fields and academic disciplines. I work to solve problems and provide accurate and credible solutions and research reports in all industries in the global economy.
I have taught and conducted masters and Ph.D. thesis research for specialists in Quantitative finance, Financial Accounting, Actuarial science, Macroeconomics, Microeconomics, Risk Management, Managerial Economics, Engineering Economics, Financial economics, Taxation and many other disciplines including water engineering, psychology, e-commerce, mechanical engineering, leadership and many others.
I have developed many courses on online websites like Teachable and Thinkific. I also developed an accounting reporting automation software project for Utafiti sacco located at ILRI Uthiru Kenya when I was working there in year 2001.
I am a mature, self-motivated worker who delivers high-quality, on-time reports which solve client’s problems accurately.
I have written many academic and professional industry research papers and tutored many clients from college to university undergraduate, master's and Ph.D. students, and corporate professionals. I anticipate your hiring me.
I know I will deliver the highest quality work you will find anywhere to award me your project work. Please note that I am looking for a long-term work relationship with you. I look forward to you delivering the best service to you.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
South-Western Federal Taxation 2020 Comprehensive
ISBN: 9780357109144
43rd Edition
Authors: David M. Maloney, William A. Raabe, James C. Young, Annette Nellen, William H. Hoffman
Question Posted:
Students also viewed these Business questions
-
Helena has the following long-term capital gains and losses for 2015: $65,000 28% gain, $53,000 28% loss, $28,000 25% gain, and $24,000 0%/15%/20% loss. She also has a $33,000 short-term loss and a...
-
Helena has the following long-term capital gains and losses for 2016: $65,000 28% gain, $53,000 28% loss, $28,000 25% gain, and $24,000 0% / 15% / 20% loss. She also has a $33,000 short-term loss and...
-
Helena has the following long-term capital gains and losses for 2017: $65,000 28% gain, $53,000 28% loss, $28,000 25% gain, and $24,000 0%/15%/20% loss. She also has a $33,000 short-term loss and a...
-
As programs become more complex, it becomes increasingly important to plan or "design" your code before writing it. Designing your code will help you organize its logic. It will also help you keep...
-
Why is it important to design the geometry of the gating system to control the rate of metal flow as it travels from the pouring cup into the mold cavity?
-
Add the following numbers and express each result in engineering notation: (a) 2.5 10 -3 + 4.6 10 -3 (b) 68 10 6 + 33 10 6 (c) 1.25 10 6 + 250 10 3
-
Identify the most appropriate approach and then design. Provide a rationale as to why this approach and design would be most appropriate. Develop a hypothetical research scenario that would...
-
Nina Finzelberg started her own consulting firm, Finzelberg Consulting Inc., on May 1, 2014. The following transactions occurred during the month of May. May 1 Stockholders invested $15,000 cash in...
-
You are contemplating whether you should start your own business. You expect that the first year this new business will receive $100,000 in revenue, and incur a cost of $80,000. You will have to...
-
1. What decisions in this story could be considered unstructured patterns? Structured problems? 2. How does the Black Book help Cokes managers and other employees in decision making? 3. What does...
-
Paul has the following long-term capital gains and losses for 2019: $62,000 28% gain, $21,000 28% loss, $18,000 25% gain, and $64,000 0%/15%/20% gain. He also has a $53,000 short-term loss and a...
-
For 2019, Ashley has gross income of $38,350 and a $5,000 long-term capital loss. She claims the standard deduction. Ashley is 35 years old and unmarried with two dependent children. How much of...
-
Whistle blowers is the name given to employees who report corporate fraud, theft, or other unethical and perhaps criminal activities by fellow employees or by their employer. Although there is legal...
-
What strategies can organizations employ to institutionalize inspirational leadership principles and embed them within their organizational DNA?
-
Discuss and identify barriers to implementing each goal and what actions could be taken to reduce those barriers: Achieve 100% compliance with state health and safety regulations for retirement homes...
-
How could Philips increase the flexibility of its supply chains? How could the company reduce the complexity of its supply chains? What are the potential advantages and disadvantages of different...
-
discuss the ethical considerations associated with leveraging inspiration as a motivational tool, particularly in terms of avoiding manipulation or exploitation of emotions?
-
A city uses 6 gigawatts of electricity. A wind turbine can produce 16 megawatts of electricity. How many wind turbines would be required to satisfy this city's electric demand?
-
Declan Ross wants to sell his business. The firm has no debt and earns an 8% return (ROE) on equity of $150,000. The business can borrow at an after tax rate of 5%. A consultant has advised that the...
-
Medi-Exam Health Services, Inc. (MEHS), located in a major metropolitan area, provides annual physical screening examinations, including a routine physical, EKG, and blood and urine tests. MEUS's...
-
In general, what are the tax consequences of a 338 election?
-
In general, what are the tax consequences of a 338 election?
-
From the perspective of the parent corporation, contrast the tax consequences of a subsidiary liquidation under the general nonrecognition rules with a subsidiary liquidation that follows a 338...
-
How do you employ advanced storytelling techniques to convey complex concepts or abstract ideas in a compelling and memorable manner?
-
Describe a scenario where you demonstrated adept conflict resolution skills, utilizing advanced communication strategies to navigate contentious discussions and achieve mutually beneficial outcomes.
-
Q2. Interpret the results of the logit model (their coefficients). State clearly whether or not each factor influences the customer's decision to buy or not to buy the book and, if so, in which way...
Study smarter with the SolutionInn App