NewValidDumpsを選んだら、成功の手を握ることがきるようになります。全てのIT職員はAICPAのREGブロンズ教材試験をよく知っています。これは一般的に認められている最高級の認証で、あなたのキャリアにヘルプを与えられます。 試験の準備をするためにNewValidDumpsのAICPAのREGブロンズ教材試験トレーニング資料を買うのは冒険的行為と思ったとしたら、あなたの人生の全てが冒険なことになります。一番遠いところへ行った人はリスクを背負うことを恐れない人です。 あなた準備しましたか。
REG - CPA Regulationブロンズ教材認定試験は現在で本当に人気がある試験ですね。 NewValidDumpsのAICPAのREG 試験関連情報試験トレーニング資料はAICPAのREG 試験関連情報認定試験を準備するのリーダーです。NewValidDumpsの AICPAのREG 試験関連情報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。
NewValidDumpsの学習教材はベストセラーになって、他のサイトをずっと先んじています。私たちのAICPAのREGブロンズ教材問題集を使ったら、AICPAのREGブロンズ教材認定試験に合格できる。NewValidDumpsを選んだら、成功を選ぶのに等しいです。
我々の承諾だけでなく、お客様に最も全面的で最高のサービスを提供します。AICPAのREGブロンズ教材の購入の前にあなたの無料の試しから、購入の後での一年間の無料更新まで我々はあなたのAICPAのREGブロンズ教材試験に一番信頼できるヘルプを提供します。AICPAのREGブロンズ教材試験に失敗しても、我々はあなたの経済損失を減少するために全額で返金します。
NewValidDumpsはAICPAのREGブロンズ教材試験トレーニング資料を提供する専門的なサイトです。NewValidDumpsの AICPAのREGブロンズ教材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。
QUESTION NO: 1
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.
QUESTION NO: 2
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: 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
Clark bought Series EE U.S. Savings Bonds after 1989. Redemption proceeds will be used for payment of
college tuition for Clark's dependent child. One of the conditions that must be met for tax exemption of
accumulated interest on these bonds is that the:
A. Purchaser of the bonds must be the sole owner of the bonds (or joint owner with his or her spouse).
B. Bonds must be bought by a parent (or both parents) and put in the name of the dependent child.
C. Bonds must be bought by the owner of the bonds before the owner reaches the age of 24.
D. Bonds must be transferred to the college for redemption by the college rather than by the owner of the
bonds.
Answer: A
Explanation
Choice "a" is correct. One of the conditions that must be met for tax exemption of accumulated interest on
the bonds is that the purchaser of the bonds must be the sole owner of the bonds (or joint owner with his
or her spouse).
Choice "b" is incorrect. The bonds must be bought and put in the name of the owner or co-owner, not in
the name of the dependent child.
Choice "c" is incorrect. The owner must be at least 24 years old before the bonds issue date.
Choice "d" is incorrect. There is no requirement that the bonds must be transferred to the college for redemption by the college rather than by the owner of the bonds.
QUESTION NO: 5
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.
自分の能力を証明するために、EMC D-AV-OE-23試験に合格するのは不可欠なことです。 あなたの愛用する版を利用して、あなたは簡単に最短時間を使用してAICPAのIAPP CIPP-C試験に合格することができ、あなたのIT機能を最も権威の国際的な認識を得ます！ ISACA CRISC - 我々NewValidDumpsは一番行き届いたアフタサービスを提供します。 我々NewValidDumpsの提供するAICPAのCisco 300-630の復習資料はあなたを助けて一番短い時間であなたに試験に合格させることができます。 我々社サイトのAICPA Blue Prism AD01問題庫は最新かつ最完備な勉強資料を有して、あなたに高品質のサービスを提供するのはBlue Prism AD01資格認定試験の成功にとって唯一の選択です。
Updated: May 26, 2022