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Author Question: Brianna purchases stock for $8,000. The stock appreciates (grows) at a 6% rate before taxes. Brianna ... (Read 153 times)

xroflmao

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Question 1

Assuming extensions are not filed, tax returns for calendar year S corporations and partnerships are both due on April 15.
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Question 2

Brianna purchases stock for $8,000. The stock appreciates (grows) at a 6% rate before taxes. Brianna sells the stock ten years later for $14,327. Brianna has a 39.6% marginal tax rate, but the stock sale is a LTCG taxed at 20%. Ignore the 3.8% Medicare surtax on net investment income.  What are Brianna's after-tax proceeds?


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Marked as best answer by xroflmao on Sep 13, 2020

lkanara2

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Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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xroflmao

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Reply 2 on: Sep 13, 2020
YES! Correct, THANKS for helping me on my review


jackie

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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