Question List for "Federal Taxation 2017 Individuals"

  Topics Views Last post
Accounting » Jesse installed solar panels in front of his office building in 2015. The panels are not attached to ... New
Started by jCorn1234
44 Sep 13, 2020
Accounting » Sec. 1245 applies to gains on the sale of depreciable personal property, but it generally does not ... New
Started by saliriagwu
26 Sep 13, 2020
Accounting » A taxpayer has a gain on Sec. 1245 property. None of the gain will be treated as Sec. 1231 gain ... New
Started by jeatrice
44 Sep 13, 2020
Accounting » Network Corporation purchased $200,000 of five-year equipment on March 24, 2015. They elected to ... New
Started by lbcchick
31 Sep 13, 2020
Accounting » An unincorporated business sold two warehouses during the current year. The straight-line ... New
Started by ts19998
31 Sep 13, 2020
Accounting » Emily, whose tax rate is 28%, owns an office building which she purchased for $900,000 on March 18 ... New
Started by luminitza
24 Sep 13, 2020
Accounting » Harry owns equipment ($50,000 basis and $38,000 FMV) and a building ($140,000 basis and $156,000 ... New
Started by Anajune7
41 Sep 13, 2020
Accounting » Julie sells her manufacturing plant and land originally purchased in 1980. Accelerated depreciation ... New
Started by vinney12
38 Sep 13, 2020
Accounting » The following are gains and losses recognized in 2016 on Ann's business assets that were held for ... New
Started by jho37
38 Sep 13, 2020
Accounting » Sec. 1245 ordinary income recapture can apply to buildings placed in service prior to 1987. New
Started by hubes95
25 Sep 13, 2020