South-Western Federal Taxation 2019: Individual Income Taxes (Intuit ProConnect Tax Online 2017 & RIA Checkpoint 1 term (6 months) Printed Access Card)
42nd Edition
ISBN: 9781337702546
Author: James C. Young, William H. Hoffman, William A. Raabe, David M. Maloney, Annette Nellen
Publisher: Cengage Learning
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Textbook Question
Chapter 9, Problem 32P
Monica, a self-employed taxpayer, travels from her office in Boston to Lisbon, Portugal, on business. Her absence of 13 days was spent as follows:
- a. For tax purposes, how many days has Monica spent on business?
- b. What difference does it make?
- c. Could Monica have spent more time than she did vacationing on the trip without loss of existing tax benefits? Explain.
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Monica, a self-employed taxpayer, travels from her office in Boston to Lisbon, Portugal, on business. Her absence of 13 days was spent as follows:
Thursday
Depart for and arrive in Lisbon
Friday
Business transacted
Saturday and Sunday
Vacationing
Monday through Friday
Business transacted
Saturday and Sunday
Vacationing
Monday
Business transacted
Tuesday
Depart Lisbon and return to office in Boston
a. For tax purposes, how many days has Monica spent on business?fill in the blank ff3ca702cfdf052_1 days
b. What difference does it make?
If Monica's trip satisfies the seven day/thirteen day
test or the less-than-25/more-than-25
% test, then her transportation costs do not have to/must
be allocated between business and personal.
c. Could Monica have spent more time than she did vacationing on the trip without loss of existing tax benefits?
Monica can/cannot
satisfy the seven-day/thirteen-day/less-than-25%/more-than-25%…
Which one of the following conditions must be satisfied in order for a married taxpayer to be taxed on only his income if he resides in a community property state?
a.The husband and wife must live apart for the entire year.
b.The husband and wife must live apart for more than half the year.
c.The husband and wife must be in the process of filing for a divorce.
d.Only one of the spouses can be working and earning an income.
e.None of these choices are correct.
Ms. Filipina A. Ko, a Filipino, works abroad. Ms. Filipina’s work requires her to be overseas most of the time. In fact, she comes home to our country only once every two years. Her only source of income is the salary she earns abroad. Which of the following taxes will the BIR require her to pay?
A. Income Tax
B. Business Tax
C. A and B
D. None of these
Chapter 9 Solutions
South-Western Federal Taxation 2019: Individual Income Taxes (Intuit ProConnect Tax Online 2017 & RIA Checkpoint 1 term (6 months) Printed Access Card)
Ch. 9 - Prob. 1DQCh. 9 - Mason performs services for Isabella. In...Ch. 9 - Milton is a resident of Mobile (Alabama) and is...Ch. 9 - Prob. 4DQCh. 9 - Prob. 5DQCh. 9 - Prob. 6DQCh. 9 - Prob. 7DQCh. 9 - Prob. 8DQCh. 9 - Prob. 9DQCh. 9 - Prob. 10DQ
Ch. 9 - Prob. 11DQCh. 9 - Prob. 12DQCh. 9 - Prob. 13DQCh. 9 - Prob. 14DQCh. 9 - Prob. 15DQCh. 9 - Prob. 16CECh. 9 - Fred, a self-employed taxpayer, travels from...Ch. 9 - Prob. 18CECh. 9 - Prob. 19CECh. 9 - Prob. 20CECh. 9 - Prob. 21CECh. 9 - Prob. 22CECh. 9 - Cindy maintains an office in her home that...Ch. 9 - Prob. 24CECh. 9 - Prob. 25CECh. 9 - Prob. 26PCh. 9 - Prob. 27PCh. 9 - Prob. 28PCh. 9 - In June of this year, Dr. and Mrs. Bret Spencer...Ch. 9 - Prob. 30PCh. 9 - On Thursday, Justin flies from Baltimore (where...Ch. 9 - Monica, a self-employed taxpayer, travels from her...Ch. 9 - Prob. 33PCh. 9 - Prob. 34PCh. 9 - Prob. 35PCh. 9 - Prob. 36PCh. 9 - Prob. 37PCh. 9 - Prob. 38PCh. 9 - Prob. 39PCh. 9 - Prob. 40PCh. 9 - Prob. 41PCh. 9 - Prob. 42PCh. 9 - Prob. 43PCh. 9 - Prob. 44PCh. 9 - Prob. 45PCh. 9 - Prob. 46PCh. 9 - Prob. 47PCh. 9 - In the current year, Barlow moved from Chicago to...Ch. 9 - Prob. 2CPA
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