on completion Status: QUESTION 12 The U.S. income tax rate structure is considered mildly regressive. True False QUESTION 13 Your client, a wealthy physician in the top marginal rate bracket, is interested in investing in a business with some of his colleagues. The business is expected to be profitable immediately. However, your client does not want to pay taxes personally on any immediate income from this investment. He would like to hold the investment for several years and then sell it to another investor at a huge long-term capital gain. What business form would make the most sense here? General partnership o corporation Limited partnership Scorporation QUESTION 14 Carter divorced his wife in the current year. In accordance with the divorce decree, he paid her $15.000 as a property settlement in the division of their net assets. In addition, he paid her $10,000 in partial fulfillment of the annual requirement to pay her $12,000 a year in child support. What amount may Carter deduct on his tax return for the current year? O 10 Click Save and submittee and submi. Click Save All Answers to see all answers Save AB 30 F3 TOO F FB # 3 $ 4 A % 5 6 & 7 8 9 0 E R T Y U 0 D F G