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11 Gordon started a new business on 9/1/2020. Between January and August 2020 he incurred $10,000 of startup expenses. What amount can Gordon deduct for
11 Gordon started a new business on 9/1/2020. Between January and August 2020 he incurred $10,000 of startup expenses. What amount can Gordon deduct for start-up costs in 2020. ut of Select one: O a. $5,111 O b. $5000 c. $222 d. $10,000 12 Riley in in the 37% bracket. He has the following transactions during the year. t of Collectibles gain Short-term capital loss Long-term capital gain After netting what is the result? $30,000 (5,000) 9,000 Select one: a. $25,000 28% gain , $9,000 LTCG (0/15/20) b. $34,000 28% gain c. $30,000 28% gain collectibles gain, $4,000 LTCG (0/15/20) d. $34,000 LTCG (0/15/20)
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