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I want to find the long-term capital loss carryover. I don't want the taxable income or anything else, I just want the long-term capital loss

I want to find the long-term capital loss carryover. I don't want the taxable income or anything else, I just want the long-term capital loss carryover please. Don't change the data highlighted in green and red, those are marked correct or incorrect answers. 

image text in transcribedimage text in transcribed Required Information [The following infarmation applies o the guestions displayed below ] WAR (We Are Rich) has been in business since 1989, WAR is an accrual-method sole proprietorship that deals in themanufacturing and wholesaling of various types of golf equipment. Hack & Hack CPAs has filed accurate tax returns forWAR's owner since WAR opened its doors. The managing partner of Hack & Hack (Jack) has gotten along very well withthe owner of WAR—Mr. Someday Woods (single). However, in early 2022, Jlack Hack and Someday Woods played a roundof golf, and Jack, for the first time ever, beat Mr. Woods. Mr. Woods was so upset that he fired Hack & Hack and has hiredyou to compute his 2022 taxable income. Mr. Woods was able to provide you with the following information from prior taxreturns. The taxable income numbers reflect the results from all of Mr. Woods's activities except for the items separatelystated. You will need to consider how to handle the separately stated items for tax purposes. Also, note that the 2017-2021 numbers do not reflect capital loss carryovers. 2817 2918 2819 2828 2821 Ordinary taxable income 14,228 % 2,118 % 96,585 % 174,675 % 256,875Other items not included in ordinary taxable income:Met gain (loss) on disposition of £1231 assets 3 3,338 18,558 % (6,6688)Met long-term capital gain {loss) on disposition of capital assets % (15,825) $1,118 % (14,204) % (B,188) In 2022, Mr. Woods had taxable income in the amount of 502,000 before considering the following events andtransactions that transpired in 2022- a.'0n January 1, 2022, WAR purchased a plot of land for $105.500 with the intention of creating a driving range wherepatrons could test their new golf eguipment. WAR never got around to building the driving range; instead, WAR sold theland on October 1, 2022, for $42.200. b. On August 17, 2022, WAR sold its golf testing machineg, "lron Byron," and replaced it with a new machine, "lron Tiger.""Iron Byron™ was purchased and installed for a total cost of $24,200 on February &, 2018. At the time of sale, "IronByron" had an adjusted tax basis of $6,200. WAR sold "Iron Byron™ for $30.500. ¢. In the months October through December 2022, WAR =old various assets to come up with the funds necessary toinvest in WAR's latest and greatest invention—the three-dimple golf ball. Data on these assets are provided below: Placed inservice (or Initial Accumulated SellingAsset purchased) Sold Basis Depreciation PriceSomeday's black leathersofa (used in office) 4/4/21 18/16/22 % 3,448 % 650 % 3,238Someday's office chair 3/1/28 1178722 84,888 3,228 4,558Marketable securities 251719 1271522 13,328 B 21,1688Land held for investmemt Ti1/21 11729722 58,588 8 52,958other investmentproperty 11/38/28 18715722 15,588 8 12,488 d. Finally, on May 7, 2022, WAR decided to sell the building where it tested itz plutonium shaft, lignite head drivers. WARpurchased the building on January 5. 2010, for $217.500 ($192.000 for the building, $25.500 for the land). At the time ofthe zale, the accumulated depreciation on the building was $58,500. WAR sold the building (with the land) for%333.000. The fair market value of the land at the time of =ale was $50,500. Note: Do not round Intermediate computations. Round your final answers to the nearest whole dollar amount. Lossameounts should be Indicated by a minus slgn. ompute Mr. Woods's taxable income aftertaking into account the transactions described above. * Answer is complete but not entirely correct.Gain orDepreciationOrdinaryShortLong TermLong termLongLongDescription(Loss)Recapture$1231income orTermTotal28%termterm(Loss)25%0/15/20%a. Land(63,300)(63,300)0 5b. Iron Byron24.30018.0006,300c1. Sofa440440c2. Chair(1, 110)(1,110)c3. Marketable securities7.7807.7807,780c4. Land - for investment2.4502,4502,450c5. Investment property(3,100)(3.100)(3,100)d1. Building146,000146,000d2. Land25,00025,000138.46018.440178,19063,300)7.1307,130$1231 nettingStep1 - depreciation recapture- ordinary income(18,440)18.440Step 2 - $1231 Gain or Lossnetting- gains or losses exclusive of$1250120.890- Unrecapture $125055,500Step 3 - lookback rule- apply to unrecapture $1250 firstOrdinary income(6,680)6.860Remaining unrecapture $1250(48,840)48.84048,840Remaining gain - 0/15/20(120,680)120.890120,6900(38,2000176.660048,840127,820Capital gain netting:Long term capital loss carryover(14,015) x(6,000) xReclassified162,6456,000)48,840127,820

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