Ilene rents her second home for the entire year. During the year, Ilene reported a net loss of $10,700 from the rental. If Ilene is an active participant in the rental and her AGI is $142,500, how much of the loss can she deduct against ordinary income in the year?

Answers

Answer 1

Answer:

$3,750

Explanation:

(142,500-100000)*50% = 21,250

25,000-21,250 = $3,750

Answer 2

Ilene can claim a deduction up to a maximum limit of $3,750 against her ordinary income for that financial year, in case of meeting with the above conditions.

What is deduction?

Deduction refers to as the amount which a person can claim as being exempt from tax during the year in which a person is liable to pay taxes as such. There is a capacity of standard deduction of $100,000 for a year.

Deduction in the above case will be half of the amount left after considering a standard deduction from the AGI will be $21,250. Now, maximum allowed deduction will be deducted from an amount of $25,000.

This can be calculated as,

[tex]\rm Deduction= Maximum\ Allowed\ Limit- Actual\ Liability\\\\\rm Deduction= 25000 - 21250\\\\\rm Deduction=\$3750[/tex]

Hence, the significance of deduction is aforementioned.

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Related Questions

It’s in the picture pleaseee I need this today

Answers

Answer:

Can you please post a clearer picture

Explanation:

If you can I might be able to help.

Depending on a person's _____, he or she may be held to a higher standard of care.

place of residence
personality
wealth
profession

Answers

I believe it’s Profession

Select all that apply
Items listed in the interests/activities section of a résumé are used to:

exemplify you are active
exemplify you are well rounded
exemplify you are intelligent
exemplify you are committed

Answers

Answer: exemplify you are well rounded

Explanation:

Items listed in the interests/activities section of a résumé are used to exemplify you are well rounded.

The essence of listing your interests or hobbies is to show the recruiting officer that one is well rounded and fits the particular position.

This part of the resume also makes one stand out or unique from others and can be used to complement ones academic qualifications.

Measures that you would take to minimize landslides in your locality.​

Answers

Answer:

There are also various direct methods of preventing landslides; these include modifying slope geometry, using chemical agents to reinforce slope material, installing structures such as piles and retaining walls, grouting rock joints and fissures, diverting debris pathways, and rerouting surface and underwater drainage.

PLEASE MARK ME AS BRAINLIEST

A variable can be called or referenced before it has been defined.
O True
O False

Answers

Answer:

True.

Explanation:

Why do many investors choose to make diversification a key element of their investment strategies?

Answers

Spreading out investments through diversification reduces the likelihood of losing money is the way diversification of investment strategies.

What is diversification, and what does it reduce in a portfolio?

In order to lower the risk of market volatility, investors frequently use the investment strategy of diversification, in which they distribute their portfolio among a variety of securities and asset classes.

It is a component of asset allocation, which refers to how much of a portfolio is invested in different asset types.

Thus, Spreading out investments through diversification reduces the likelihood of losing money

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Answer: C. Diversification spreads out investments to limit the risk of losing money

Explanation:

I just took the quiz

Economies experience sacracity because:

Answers


Scarcity helps people make more informed choices about how to use the resources that are available. The concept of scarcity works in business in the following ways: Scarcity is essential to the study of economics. A fundamental aspect of scarcity is the mismatch between supply and demand.

which type of college credit program does the statement describe?​

Answers

Answer:

Advance placement

Explanation:

Advanced Placement (AP) is a curriculum provided by the College Board in the United States and Canada, offering secondary school school students curricula and exams. American colleges and universities are eligible to award students with high exam results their placement and courses credit.

The College Board Advanced Placement (AP) Program allows candidates to finish college studies and prepare for AP exams, giving students the chance to receive university or placement points for certification.

answer : well i hope you have a great today bye

If you are trying to persuade an audience on a question of fact, you are dealing with

Answers

Answer:

Persuasive Speech

Explanation:

In order to hold the audience's attention until the very end and to achieve the desired effect, the message you are transmitting must be clear, communicated in simple language, and understandable to everyone. Try to avoid too many professional terms, except in parts of speech, where necessary.

A good speaker is one who understands the masses, the average citizen who speaks the ordinary language. Be convincing. Argued. The message should instill confidence in the listeners and let them know that you are confident and professional.

distinguish between regional level and national level employment giving adequate example​

Answers

I don’t get it umm maybe try explaining it more

41. You own 25% of Unique Vacations, Inc. You have decided to retire and want to sell your shares in this closely held, all equity firm. The other shareholders have agreed to have the firm borrow $1.5 million to purchase your 1,000 shares of stock. What is the total value of this firm today if you ignore taxes? A. $4.8 million b. $5.1 million c. $5.4 million d. $5.7 million e. $6.0 million

Answers

Answer:

e. $6.0 million

Explanation:

The computation of the total value of the firm is shown below:

The Value of the firm is

= Amount borrowed ÷ ownership percentage

= $1,500,000 ÷ 0.25

= $6,000,000

Hence, the total value of the firm is $6,000,000

Therefore the correct option is e.

We simply applied the above formula so that the correct value could come

And, the same is to be considered  

Which education and qualifications would a high-level National Security Officer most likely need? Check all that apply.

design skills
customer-service skills
leadership skills
bachelor’s degree
discipline
high school degree

Answers

The education and qualifications that a high-level National Security Officer would most likely need are :

leadership skillsbachelor’s degreediscipline

Becoming a National Security Officer

Through a competitive, national, merit-based annual competition, successful applicants distinguish themselves as highly motivated in their academic and career goals and in their strong commitment to public service. In return for support, award recipients agree to work in qualifying national security positions for at least one year.

Thus, the education and qualifications that a high-level National Security Officer would most likely need are :

leadership skillsbachelor’s degreediscipline

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Answer:here's the answer for this question

Explanation:edge2023

How are logical operators used?
To identify and correct errors
O To make decisions
O To determine a problem
O To create a plan

Answers

Answer:

To identify and correct errors

Explanation:

.
Lena thinks someone has stolen her identity. She isn’t sure if she should place a fraud alert on her credit report. She doesn’t understand anything about fraud alerts. What true statement could you teach Lena to help her make a more informed decision?

A fraud alert prevents anyone from viewing your credit report.

A fraud alert can stop anyone from opening any new accounts in your name.

When filing a fraud alert, you must first pay for a credit report.

To place a fraud alert, you must contact all three credit reporting agencies.

Answers

Answer:

A fraud alert prevents anyone from viewing your credit report

A fraud alert prevents anyone from viewing the credit report is the  true statement could you teach Lena to help her make a more informed decision. Thus, option A is correct.

What is credit report?

A credit history is a credit record of a borrower's timely debt repayment. A credit report is a record of a borrower's credit history obtained from a variety of sources, such as banks, credit card companies, collection agencies, and governments.

A credit score is essentially a summary of your credit history, whereas your credit report contains all the specifics of the financial history. The credit report will delve much deeper into your lending history, allowing the lender to examine how a person handled borrowed funds.

Therefore, option A is correct.

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Enright Industrial Leasing has effective control processes, allowing its managers to discover ______ in bookkeeping right away, before a would-be embezzler could seriously affect its business.

Answers

irregularities and errors

Explanation:

Due to its efficient control procedures, Enright Industrial Leasing's managers are able to identify abnormalities and bookkeeping mistakes as soon as they arise, preventing a potential embezzler from negatively impacting the company's operations.

What is bookkeeping?

Accounting in businesses and other organizations involves the recording of financial transactions, which is known as bookkeeping. It entails putting together the original paperwork for all corporate operations, transactions, and other occurrences.

A person, a business, or a corporation may engage in transactions such as buying, selling, receiving, and paying money. The single-entry and double-entry bookkeeping systems are two of the widely accepted techniques for keeping financial records.

Despite the fact that some people might consider this to be "genuine" bookkeeping, any procedure for documenting financial transactions qualifies as bookkeeping.

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Eyan is giving a seminar on environmental conservation efforts in a local factory. Which qualities is Eyan using when writing and presenting his seminar? leadership, supervising, and teaching skills critical-thinking skills and knowledge of environmental regulations communication skills and physical strength knowledge of machines and responsibility in operating heavy equipment

Answers

Answer: critical-thinking skills and knowledge of environmental regulations

Explanation:

Since Eyan is giving a seminar on environmental conservation efforts in a local factory, the quality that Eyan is using when writing and presenting his seminar will be critical-thinking skills and knowledge of environmental regulations.

Eyan should possess critical thinking skill as he should be able to think clearly and at the same time should also have knowledge of environmental regulations.

Answer:

critical-thinking skills and knowledge of environmental regulation

Explanation:

It's below me

Kaylin works in the Manufacturing career cluster. The daily tasks of her career involve looking at ways that her company is at risk for causing problems to the health of its workers. She also analyzes those problems and comes up with solutions to implement.



What job does Kaylin most likely have?

Occupational Health and Safety Specialist
Environmental Science and Protection Technician
Quality Control Analyst
Product Safety Engineer

Answers

Answer:

A-Occupational Health and Safety Specialist

Explanation:

Occupational Health and Safety Specialist. Hence, option A is appropriate.

What is the meaning of Health?

A state of complete physical, mental, and social well-being is referred to as health. A balanced diet and consistent exercise are necessary for a healthy life cycle. Additionally, one needs to maintain appropriate hygienic practices, live in a decent shelter, and get adequate sleep.

Your lifestyle should include a commitment to good health. A healthy lifestyle can aid in the prevention of chronic diseases and debilitating conditions. Your self-esteem as well as self-image depend on how you feel about yourself and how well you take care of your physical and mental well-being. Living a healthy lifestyle means taking care of your body.

Personal health is divided into five categories: physical, emotional, social, spiritual, and intellectual.

The WHO Constitution defines "health" as "a condition of complete physical, mental, and social well-being and not only the absence of disease or disability." Balanced health is based on five pillars: activity, diet, sleep, stress reduction, and social interaction. While we can borrow from or swap out part of the balance in one area for another, when we take too much of too many of these fundamentals, our general health begins to deteriorate.

Hence, option A is correct.

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You have data showing demand for plumbing services rising for each of the last five years. This would best be displayed on a:


a) Line graph
b) Scatter plot
c) Pie chart

Answers

Answer:

Line gray

Explanation:

Each of the last five years has shown an increase in demand for plumbing services, according to the data. A line graph would be the best way to show this.

Option A is the best option that displays the best about the rising plumbing demands.

Why do line graphs display the best?

Line graphs are used to track changes across time, both short and long.

When there are fewer changes, line graphs are preferable over bar graphs.

Line graphs can also be used to compare changes for multiple groups over the same time period.
Line graphs are valuable because they clearly display data variables and patterns, and they can aid in making predictions about the outcomes of data that has not yet been recorded.

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Demand for a good will MOST likely decrease when
A
there are many substitutes for it.
B
the price of it decreases.
C
consumer income rises by ten percent.
D
retailers sell out of the product.

Answers

Answer:

A. There are many substitutes for it.
I’d Definitely say A.

Teams have better communication than other workers because they get to ______. a. Know each other better b. Attend communication seminars c. Earn extra benefits packages d. Use better telephones Please select the best answer from the choices provided A B C D

Answers

Answer:

a. Know each other better

Explanation:

A team refers to a group of people or set of individuals possessing various skill set, knowledge and experience coming together to work on a project or task in order to successfully achieve a set goal and objective.

This ultimately implies that, a team comprises of individuals, workers or employees having complementary skills, knowledge and experience needed to execute a project or task successfully. Therefore, a worker that is working in a team is usually privileged to interact with the other members of the team and as a result, this enhances performance and strengthen the level of relationship they share.

Hence, teams have better communication than other workers because they get to know each other better in the course of brainstorming, interaction and sharing of ideas while trying to accomplish a common goal or execute a project (task).

Answer:

a is the answer!

Explanation:

Need help answer this question please help me

Answers

Answer:

 b). 4 and 14 units

Explanation:

The equilibrium point is the intersection of demand and supply curves. It is a condition of no excess or shortage in supply or demand in the market. At equilibrium, the quantity demand matches the quantity supplied.

At the equilibrium situation, buyers are willing to purchase the quantity supplied at the stated price. It implies both suppliers and buyers are happy with the current supply and price.

Match the item with the section of the marketing plan it belongs in. To match the items, click the item, and then click the section.
Match the item with the section of the marketing plan it belongs in.



To match the items, click the item, and then click the section.

The amount you plan to spend on each promotional strategy.

Marketing message

The number of sales you plan to have in the next year.

Product description

Strengths and weaknesses of other companies that provide similar products.

Other marketing goals

The message about your product's benefits that you plan to convey to your target market.

Budget

The percentage of customers who say they are highly satisfied in your customer profile survey.

Competition

The qualities you want to have people associate with your product.

Pricing

A list of the product's features.

Market research

How the cost of your product will support your brand image and marketing message.

Brand image goals

A description of general economic trends and how they are likely to affect the target market.

Promotional strategies

Ways you will communicate with your target market.

Financial goals

Answers

Answer:

1. Budget.

2. Financial goals.

3. Competition.

4. Marketing message.

5. Other marketing goals.

6. Brand image goals.

7. Product description.

8. Pricing.

9. Marketing research.

10. Promotional strategies.

Explanation:

1. Budget: The amount you plan to spend on each promotional strategy.

2. Financial goals: The number of sales you plan to have in the next year.

3. Competition: Strengths and weaknesses of other companies that provide similar products.

4. Marketing message: The message about your product's benefits that you plan to convey to your target market.

5. Other marketing goals: The percentage of customers who say they are highly satisfied in your customer profile survey.

6. Brand image goals: The qualities you want to have people associate with your product.

7. Product description: A list of the product's features.

8. Pricing: How the cost of your product will support your brand image and marketing message.

9. Market research: A description of general economic trends and how they are likely to affect the target market.

10. Promotional strategies: Ways you will communicate with your target market.

Answer:

1. Budget.

2. Financial goals.

3. Competition.

4. Marketing message.

5. Other marketing goals.

6. Brand image goals.

7. Product description.

8. Pricing.

9. Marketing research.

10. Promotional strategies.Explanation:

What does a good credit history do for consumers?
A. It helps them reduce their housing costs.
B. It allows them to get debit cards,
C. It makes it easier for them to get loans.
D. It keeps prices low.
SUBMIT

Answers

Answer:

C. It makes it easier for them to get loans.

Explanation:

Credit history shows how reliable a borrower is in repaying loans. A good credit history indicates that a person pays their debts on time.  A customer with a good credit history manages their income and debts properly and is considered a low-risk borrower.

Lenders are always willing to offer credit facilities to customers with a good credit history. They view them as less likely to default on their debts.

difference between Planned and unplanned urbanization​

Answers

Answer:

Planned urbanization helps create value, sustainable growth, productivity, and contributes to economies of scale to create prosperity for all urban dwellers. With around 3 billion more people expected to live in urban areas by 2050, it is more critical than ever that we plan and manage our cities well

Explanation:

Unplanned urbanization means to develop town or area without planning infrastructure which is unhygienic and unhealthy for the settlement.

Which type of bankruptcy allows a judge to adjust debts through elimination and reduction based on a person's income? (I took the test and ill put the answer in parenthesis, freebie points i suppose)

Chapter 7
Chapter 9
Chapter 11
(Chapter 13)

Answers

Which book is this and tell name plz

Reorganization bankruptcy under Chapter 13 is intended for borrowers with a steady income who have enough left over each month to at least partially pay off their debts.

What is bankruptcy?

Through the legal process of bankruptcy, individuals or other entities who are unable to pay their creditors back can seek partial or complete relief from their obligations. Bankruptcy is often enforced by a court order that is frequently requested by the debtor. By selling assets to pay debts or by coming up with a repayment plan, bankruptcy enables those who are unable to pay their bills to start again. Businesses in financial distress are also protected by bankruptcy rules.

The legislation and bankruptcy procedure are explained in this section. You might be able to seek debt relief through bankruptcy, but you should be aware that this will have a negative, long-term impact on your credit. Your ability to acquire credit lines will be hampered for 7–10 years after bankruptcy.

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Which of the following documents thanks the interviewer and restates the applicant’s interest in the job?
a.
Cover letter
b.
Acceptance letter
c.
Thank-you letter
d.
Rejection letter

Answers

Answer:

c

thank you letterr.........

Answer:

C

Explanation:

I took the test

write and explain any five relation between market and entrepreneurship skills​

Answers

Answer:

A great entrepreneur must be able to effectively communicate, sell, focus, learn, and strategize.

An ability to continuously learn is not just a key entrepreneurial skill, but also a very valuable life skill.

Growing a business requires a sound strategy based on inherent business sense and skills.

Mark works as a business analyst and wants to manage tasks for timely delivery of projects. Which certification will help Mark achieve career growth?
A. project management certification
B. certification in business administration
C. strategic management certification
D. certification in information technology

Answers

Answer:

A. project management certification

hope this helps!

what is a pumpkin bug

Answers

Answer:

The botanical name for squash bugs is Anasa tristis. This bug is very common in the USA and gets its common name from the fact that it is attracted to and lays its eggs on squash, as well as pumpkin plants. I've also seen the bugs on cucumber plants and other curcubits such as melons.

Explanation:

Which type of communication is usually handwritten?
A.
a business letter
B.
a memorandum
C.
a note
D.
an email
E.
a résumé

Answers

Answer:

C. a note

Explanation:

Notes are informal handwritten messages.

A note is a type of communication is usually handwritten. Thus, the correct option is C.

What is communication?

Communication is the process of exchanging information, ideas, or messages between individuals or groups through various means, such as speech, writing, body language, or technology.

The sender is the person who initiates the communication and encodes the message, while the receiver is the person who receives and decodes the message. The medium is the channel through which the message is transmitted, such as speech, writing, or electronic devices.

Feedback is the response or reaction of the receiver to the message, which helps to ensure that the communication is understood and effective.

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Other Questions
r - 7 = 11 What is the answer Which states how the main text convinces readers that microbes help humans? It argues that more needs to be done to understand microbes. It compares microbes to fungi, protozoa, and viruses. It lists details about what scientists have learned about the benefits of microbes. It tells the story of how scientists have learned about microbes. 38. Which two quotations from the passage support the idea that Joan had a difficultchildhood?A "The end of the season and the end of the money had come about the same time, but not theexpected mother." (paragraph 3)B "She liked running up and downstairs to answer the lodgers' bells, which saved steps for thetwo overworked servants..." (paragraph 3)C "Therefore, the child could have answered the conundrum, 'When is a home not a home?' outof the stores of her intimate experience." (paragraph 3)D"...she had only run away as far as one of the shelters on the boardwalk; she had brought thelandlady's baby with her, and...she had the virtuous intention of going home again...at tea-time." (paragraph 4)+non ne trolling the tra unor old Minnin afrin, otome made un nut of hornum hond all Pleas help me on this PLZ ANSWERE QUICKLY MS. Candos has 90 invitations to hand out. she will hand out 42 of them the rest will be handed out by 6 students how many got handed out an equal number if invitations 4. Solve this problem: 3(6 - 8)2 + 8+2816 28PLEASE HELP FAST!!BRAINLY!! I need help with 13 and 14 Mark donated 15% of the money he earned last summer to the hurricane relief fund. If he donated at total of $475.00 how much did he earn last summer? (if needed, round your answer to the nearest cent) Which description explains the distribution of summerlunch programs in this region of California?Most programs are concentrated along the coast.O Programs are least concentrated in Sacramento.O Most programs are concentrated in large cities.O Programs are evenly distributed throughout theregion. Pharoah originally meant ___________ Help!!!!!!!!!!!!!!!!! It takes 8 minutes to fill an empty aquarium to a depth of2/5meters.What is the unit rate in minutes per meter?Write your answer in simplest form. Write a paragraph about something you can make or repair by yourself(100words) In a chemical reaction, __________ are the substances present after the reaction. I really need help does it take more energy to slide a crate over a tile floor or a shag carpet Margo is selling boxes of nuts to raise money for her club. She finds that 3 out of every 7 boxes of nuts are cashews. Write a ratio to represent the number of boxes of cashews to the total number of boxes sold. how did geography affect early humans' use of resources?A. they found the land that was most useful and divided the resources.B. they used survival methods and used up all the area's resources.C .they moved to a different region and took the area's resources with them.D. they adapted the land and used the area's resources to the fullest. Describe what happens to the British Soldiers as they march back to Boston?