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Alisha, who is single, owns a sole proprietorship in which she works as a management consultant. She maintains an office in her home where she

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Alisha, who is single, owns a sole proprietorship in which she works as a management consultant. She maintains an office in her home where she meets with clients, prepares bills, and performs other work-related tasks. She purchased the home at the beginning of year 1 for $400,000. Since she purchased the home and moved into it, she has been able to deduct $10,000 of depreciation expenses to offset her consulting income. At the end of year 3. Alisha sold the home for $500.000 What is the amount of taxes Alisha will be required to pay on the gain from the sale of the home? Alisha's ordinary marginal tax rate is 32 percent. (ignore the net investment income tax) Ties to be paid Required information (The following information applies to the questions displayed below) Javier and Anita Sanchez purchased a home on January 1 2021. for $624.000 by paying $208.000 down and borrowing the remaining $415.000 with a 7 percent loan secured by the home. The loan requires interest-only payments for the first five years. The Sanchezes would itemize deductions even if they did not have any deductible interest. The Sanchezes marginal tax rate is 32 percent a. What is the after-tax cost of the Interest expense to the Sanchezes in 2021? (Round your intermediate calculations to the nearest whole dollar amount.) Aller-tax cost of the interest expense b. Assume the original facts, except that the Sanchezes rent a home and pay $29.120 in rent during the year. What Is the after-tax cost of their rental payments in 2021? (Round your intermediate calculations to the nearest whole dollar amount.) Ahur tax cost of the rent payments C. Assuming the interest expense is their only itemized deduction for the year and that Javier and Anita file a joint return, have great eyesight and are under 60 years of age, what is the after-tax cost of their 2021 interest expense? (Round your intermediate calculations and the final answer to the nearest whole dollar amount.) Arcost of the interest expense Alisha, who is single, owns a sole proprietorship in which she works as a management consultant. She maintains an office in her home where she meets with clients, prepares bills, and performs other work-related tasks. She purchased the home at the beginning of year 1 for $400,000. Since she purchased the home and moved into it, she has been able to deduct $10,000 of depreciation expenses to offset her consulting income. At the end of year 3. Alisha sold the home for $500.000 What is the amount of taxes Alisha will be required to pay on the gain from the sale of the home? Alisha's ordinary marginal tax rate is 32 percent. (ignore the net investment income tax) Ties to be paid Required information (The following information applies to the questions displayed below) Javier and Anita Sanchez purchased a home on January 1 2021. for $624.000 by paying $208.000 down and borrowing the remaining $415.000 with a 7 percent loan secured by the home. The loan requires interest-only payments for the first five years. The Sanchezes would itemize deductions even if they did not have any deductible interest. The Sanchezes marginal tax rate is 32 percent a. What is the after-tax cost of the Interest expense to the Sanchezes in 2021? (Round your intermediate calculations to the nearest whole dollar amount.) Aller-tax cost of the interest expense b. Assume the original facts, except that the Sanchezes rent a home and pay $29.120 in rent during the year. What Is the after-tax cost of their rental payments in 2021? (Round your intermediate calculations to the nearest whole dollar amount.) Ahur tax cost of the rent payments C. Assuming the interest expense is their only itemized deduction for the year and that Javier and Anita file a joint return, have great eyesight and are under 60 years of age, what is the after-tax cost of their 2021 interest expense? (Round your intermediate calculations and the final answer to the nearest whole dollar amount.) Arcost of the interest expense

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