Question
Match the IRS Forms/ IRS Code sections/ or Accountant Standards below: Group of answer choices ASC 450 [ Choose ] Election for tax year other
Match the IRS Forms/ IRS Code sections/ or Accountant Standards below:
Group of answer choices
ASC 450
[ Choose ] Election for tax year other than required tax year Partner's Share of Income, Deduction, etc./ S Corp Shareholder's share of Income, Deduction, etc. Election by a Small Business Corporation Built-In Gains Tax Excess Net Passive Income Tax Sub S Election Loss Limitations on Partnership basis Passive Activity Loss Limitations Non-recognition of gain/loss on partner's contribution of property to partnership Sales tax reserves
IRC Section 721
[ Choose ] Election for tax year other than required tax year Partner's Share of Income, Deduction, etc./ S Corp Shareholder's share of Income, Deduction, etc. Election by a Small Business Corporation Built-In Gains Tax Excess Net Passive Income Tax Sub S Election Loss Limitations on Partnership basis Passive Activity Loss Limitations Non-recognition of gain/loss on partner's contribution of property to partnership Sales tax reserves
IRC Section 704(d)
[ Choose ] Election for tax year other than required tax year Partner's Share of Income, Deduction, etc./ S Corp Shareholder's share of Income, Deduction, etc. Election by a Small Business Corporation Built-In Gains Tax Excess Net Passive Income Tax Sub S Election Loss Limitations on Partnership basis Passive Activity Loss Limitations Non-recognition of gain/loss on partner's contribution of property to partnership Sales tax reserves
IRC Section 469
[ Choose ] Election for tax year other than required tax year Partner's Share of Income, Deduction, etc./ S Corp Shareholder's share of Income, Deduction, etc. Election by a Small Business Corporation Built-In Gains Tax Excess Net Passive Income Tax Sub S Election Loss Limitations on Partnership basis Passive Activity Loss Limitations Non-recognition of gain/loss on partner's contribution of property to partnership Sales tax reserves
IRC Section 1362
[ Choose ] Election for tax year other than required tax year Partner's Share of Income, Deduction, etc./ S Corp Shareholder's share of Income, Deduction, etc. Election by a Small Business Corporation Built-In Gains Tax Excess Net Passive Income Tax Sub S Election Loss Limitations on Partnership basis Passive Activity Loss Limitations Non-recognition of gain/loss on partner's contribution of property to partnership Sales tax reserves
IRC Section 444
[ Choose ] Election for tax year other than required tax year Partner's Share of Income, Deduction, etc./ S Corp Shareholder's share of Income, Deduction, etc. Election by a Small Business Corporation Built-In Gains Tax Excess Net Passive Income Tax Sub S Election Loss Limitations on Partnership basis Passive Activity Loss Limitations Non-recognition of gain/loss on partner's contribution of property to partnership Sales tax reserves
IRC Section 1374
[ Choose ] Election for tax year other than required tax year Partner's Share of Income, Deduction, etc./ S Corp Shareholder's share of Income, Deduction, etc. Election by a Small Business Corporation Built-In Gains Tax Excess Net Passive Income Tax Sub S Election Loss Limitations on Partnership basis Passive Activity Loss Limitations Non-recognition of gain/loss on partner's contribution of property to partnership Sales tax reserves
IRC Section 1375
[ Choose ] Election for tax year other than required tax year Partner's Share of Income, Deduction, etc./ S Corp Shareholder's share of Income, Deduction, etc. Election by a Small Business Corporation Built-In Gains Tax Excess Net Passive Income Tax Sub S Election Loss Limitations on Partnership basis Passive Activity Loss Limitations Non-recognition of gain/loss on partner's contribution of property to partnership Sales tax reserves
Form 2553
[ Choose ] Election for tax year other than required tax year Partner's Share of Income, Deduction, etc./ S Corp Shareholder's share of Income, Deduction, etc. Election by a Small Business Corporation Built-In Gains Tax Excess Net Passive Income Tax Sub S Election Loss Limitations on Partnership basis Passive Activity Loss Limitations Non-recognition of gain/loss on partner's contribution of property to partnership Sales tax reserves
Schedule K-1
[ Choose ] Election for tax year other than required tax year Partner's Share of Income, Deduction, etc./ S Corp Shareholder's share of Income, Deduction, etc. Election by a Small Business Corporation Built-In Gains Tax Excess Net Passive Income Tax Sub S Election Loss Limitations on Partnership basis Passive Activity Loss Limitations Non-recognition of gain/loss on partner's contribution of property to partnership Sales tax reserves
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
