« previous next »

Author Question: On late withdrawals from an IRA, there is A) no tax penalty. B) a 10 tax penalty. C) ... (Read 59 times)

evelyn o bentley

  • Hero Member
  • *****
  • Posts: 564
on: Jul 11, 2018
On late withdrawals from an IRA, there is
 
  A)
 
  no tax penalty.
  B)
 
  a 10 tax penalty.
  C)
 
  a 25 tax penalty.
  D)
 
  a 50 tax penalty.

Question 2

John Biner's roof was totally ruined by a fire. The insurance company estimates that the cost of building a new roof is 10,000. It also estimates that roofs like this are expected to last 20 years.
 
  The existing roof had been in place for five years. Given this information, the actual cash value of the damage is
  A)
 
  500.
  B)
 
  2,500.
  C)
 
  7,500.
  D)
 
  10,000.


joshbk44

  • Sr. Member
  • ****
  • Posts: 340
Reply #1 on: Jul 11, 2018
Answer to Question 1

D

Answer to Question 2

C


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

During pregnancy, a woman is more likely to experience bleeding gums and nosebleeds caused by hormonal changes that increase blood flow to the mouth and nose.

Did you know?

Serum cholesterol testing in adults is recommended every 1 to 5 years. People with diabetes and a family history of high cholesterol should be tested even more frequently.

Did you know?

When taking monoamine oxidase inhibitors, people should avoid a variety of foods, which include alcoholic beverages, bean curd, broad (fava) bean pods, cheese, fish, ginseng, protein extracts, meat, sauerkraut, shrimp paste, soups, and yeast.

Did you know?

Elderly adults are living longer, and causes of death are shifting. At the same time, autopsy rates are at or near their lowest in history.

Did you know?

The first war in which wide-scale use of anesthetics occurred was the Civil War, and 80% of all wounds were in the extremities.

Adults in late adulthood may need to adapt to a new environment as they age and their health status Adults in late adulthood may need to adapt to a new environment as they age and their health status
Stem cells in late development Stem cells in late development
The fossil record of chimpanzees is sparse. The femur from Kikongo, Uganda (c) may represent a late The fossil record of chimpanzees is sparse. The femur from Kikongo, Uganda (c) may represent a late
An example of a late entry to the medical record. An example of a late entry to the medical record.
Position of the fetus in late pregnancy results in stresses on the mother’s body. Position of the fetus in late pregnancy results in stresses on the mother’s body.
Late Paleozoic Ice Age Late Paleozoic Ice Age
Video: Digestion Animation

For a complete list of videos, visit our video library