それに、うちの学習教材を購入したら、私たちは一年間で無料更新サービスを提供することができます。NewValidDumpsのサイトは長い歴史を持っていて、AICPAのREGファンデーション認定試験の学習教材を提供するサイトです。長年の努力を通じて、NewValidDumpsのAICPAのREGファンデーション認定試験の合格率が１００パーセントになっていました。 AICPA REGファンデーション「CPA Regulation」認証試験に合格することが簡単ではなくて、AICPA REGファンデーション証明書は君にとってはIT業界に入るの一つの手づるになるかもしれません。しかし必ずしも大量の時間とエネルギーで復習しなくて、弊社が丹精にできあがった問題集を使って、試験なんて問題ではありません。 NewValidDumpsの AICPAのREGファンデーション試験トレーニング資料は高度に認証されたIT領域の専門家の経験と創造を含めているものです。
弊社のREG - CPA Regulationファンデーション試験問題集によって、あなたの心と精神の満足度を向上させながら、勉強した後REG - CPA Regulationファンデーション試験資格認定書を受け取って努力する人生はすばらしいことであると認識られます。 最近、AICPAのREG 最新関連参考書試験は非常に人気のある認定試験です。あなたもこの試験の認定資格を取得したいのですか。
AICPA REGファンデーション試験問題集を購買してから、一年間の無料更新を楽しみにしています。あなたにAICPA REGファンデーション試験に関する最新かつ最完備の資料を勉強させ、試験に合格させることだと信じます。もしあなたはREGファンデーション試験に合格しなかったら、全額返金のことを承諾します。
NewValidDumpsのAICPAのREGファンデーションの試験問題は同じシラバスに従って、実際のAICPAのREGファンデーション認証試験にも従っています。弊社はずっとトレーニング資料をアップグレードしていますから、提供して差し上げた製品は一年間の無料更新サービスの景品があります。あなたはいつでもサブスクリプションの期間を延長することができますから、より多くの時間を取って充分に試験を準備できます。NewValidDumpsというサイトのトレーニング資料を利用するかどうかがまだ決まっていなかったら、NewValidDumpsのウェブで一部の試験問題と解答を無料にダウンローしてみることができます。あなたに向いていることを確かめてから買うのも遅くないですよ。あなたが決して後悔しないことを保証します。
ですから、IT業界で仕事している皆さんはAICPAの認定試験を受験して資格を取得することを通して、彼らの知識やスキルを向上させます。REGファンデーション認定試験はAICPAの最も重要な試験の一つです。
QUESTION NO: 1
Farr made a gift of stock to her child, Pat. At the date of gift, Farr's stock basis was $10,000 and the
stock's fair market value was $15,000. No gift taxes were paid. What is Pat's basis in the stock for computing gain?
A. $0
B. $5,000
C. $10,000
D. $15,000
Answer: C
Explanation
Choice "c" is correct. Property acquired as a gift generally retains the rollover cost basis as it had in the
hands of the donor at the time of the gift. Basis is increased by any gift tax paid that is attributable to the
net appreciation in the value of the gift. Since there were no gift taxes paid, Pat's basis for computing a
gain is the rollover cost (basis), $10,000.
Choices "a", "b", and "d" are incorrect, per the explanation above.
QUESTION NO: 2
Conner purchased 300 shares of Zinco stock for $30,000 in 1980. On May 23, 1994, Conner sold all the
stock to his daughter Alice for $20,000, its then fair market value. Conner realized no other gain or loss
during 1994. On July 26, 1994, Alice sold the 300 shares of Zinco for $25,000.
What amount of the loss from the sale of Zinco stock can Conner deduct in 1994?
A. $0
B. $3,000
C. $5,000
D. $10,000
Answer: A
Explanation
Choice "a" is correct. Even though Conner has a realized loss of $10,000 on this transaction he cannot deduct the loss since it was incurred in a transaction with his daughter, a related party.
Choice "b" is incorrect. $3,000 is the limit on deductible net capital losses. However, Conner cannot deduct this loss, since it was incurred in a transaction with his daughter, a related party.
Choice "c" is incorrect. Conner's realized loss on the sale is $10,000 ( $20,000 proceeds less $30,000 basis). However, Conner cannot deduct this loss, since it was incurred in a transaction with his daughter,
a related party.
Choice "d" is incorrect. $10,000 is Conner's realized loss on the sale. However, Conner cannot deduct this loss, since it was incurred in a transaction with his daughter, a related party.
QUESTION NO: 3
For a cash basis taxpayer, gain or loss on a year-end sale of listed stock arises on the:
A. Trade date.
B. Settlement date.
C. Date of receipt of cash proceeds.
D. Date of delivery of stock certificate.
Answer: A
Explanation
Choice "a" is correct. Trade date.
Gain or loss on a year-end sale of listed stock arises on the trade date.
Rule: Whether on the cash or accrual method of accounting taxpayers who sell stock or securities on an
established securities market must recognize gains and losses on the trade date, rather than on the settlement date.
Choices "b", "c", and "d" are incorrect, per the above rule.
QUESTION NO: 4
Don Wolf became a general partner in Gata Associates on January 1, 1989, with a 5% interest in
Gata's
profits, losses, and capital. Gata is a distributor of auto parts. Wolf does not materially participate in the
partnership business. For the year ended December 31, 1989, Gata had an operating loss of
$100,000.
In addition, Gata earned interest of $20,000 on a temporary investment. Gata has kept the principal temporarily invested while awaiting delivery of equipment that is presently on order. The principal will be
used to pay for this equipment. Wolf's passive loss for 1989 is:
A. $0
B. $4,000
C. $5,000
D. $6,000
Answer: C
Explanation
Choice "c" is correct. Wolf's passive loss for 1989 is $5,000 ( $100,000 operating loss * 5% interest in partnership).
Choice "a" is incorrect. Wolf did not materially participate in the partnership, so the loss was passive.
Choice "b" is incorrect. Wolf's passive loss of $5,000 could not be reduced by his distributive share of the
partnership's "interest income" totaling $1,000. Interest income is considered "portfolio income," and
neither the partnership nor a partner can offset it against passive losses.
Choice "d" is incorrect. No items of income or deduction from portfolio income or activities in which the
taxpayer materially participates may be combined or offset with passive losses unless the activity generating the loss is completely disposed of in a taxable transaction.
QUESTION NO: 5
Tom and Joan Moore, both CPAs, filed a joint 1994 federal income tax return showing $70,000 in taxable
income. During 1994, Tom's daughter Laura, age 16, resided with Tom. Laura had no income of her own and was Tom's dependent.
Determine the amount of income or loss, if any that should be included on page one of the Moores'
1994 Form 1040.
The Moores received a $500 security deposit on their rental property in 1994. They are required to return the amount to the tenant.
A. $0
B. $500
C. $900
D. $1,000
E. $1,250
F. $1,300
G. $1,500
H. $2,000
I. $2,500
J. $3,000
K. $10,000
L. $25,000
M. $50,000
N. $55,000
O. $75,000
Answer: A
Explanation
"A" is correct. $0. The security deposit is not taxable income because the Moores are required to return it
when the tenant leaves. If the deposit is applied to damages in a later tax year, the portion the
Moores
retain would be income to them in the year they retain the deposit, and the money they spend to repair the
damage would be a deduction to them.
NewValidDumpsはとても良い選択で、SAP C-HAMOD-2404の試験を最も短い時間に縮められますから、あなたの費用とエネルギーを節約することができます。 Nutanix NCS-core-JPN - それに、毎日仕事で忙しいあなたは、恐らく試験に準備する充分な時間がないでしょう。 現在、AICPAのISC CISSP-JP認定試験に受かりたいIT専門人員がたくさんいます。 NewValidDumpsのSAP C-C4H620-34問題集というものをきっと聞いたことがあるでしょう。 Google Professional-Machine-Learning-Engineer - NewValidDumpsは優れたIT情報のソースを提供するサイトです。
Updated: May 26, 2022