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please correct answers 33 Required information [The following information applies to the questions displayed below.) Part 2 of Alexa owns a condominium near Cocoa Beach

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33 Required information [The following information applies to the questions displayed below.) Part 2 of Alexa owns a condominium near Cocoa Beach in Florida. This year, she incurs the following expenses in connection with her condo: 012 points Insurance Mortgage interest Property taxes Repairs & maintenance Utilities Depreciation $ 2,000 6,500 2,000 1,400 2,500 14,500 book During the year, Alexa rented out the condo for 100 days. She did not use the condo at all for personal purposes during the year. Alexa's AG from all sources other than the rental property is $200,000. Unless otherwise specified, Alexa has no sources of passive income. References Assuming Alexa receives $20,000 in gross rental receipts, answer the following questions: (Leave no answer blank. Enter zero if applicable.) b. Assuming that Alexa's AG from other sources is $90,000, what effect does the rental activity have on Alexa's AGI? Alexa makes oll decisions with respect to the property. AGI decreases by 40 Required information The following information applies to the questions displayed below) Rita owns a sole proprietorship in which she works as a management consultant. She maintains an office in her home (500 square feet) where she meets with clients, prepares bills, and performs other work related tasks. Her business expenses, other than home office expenses, total $5,600. The following home-related expenses have been allocated to her home office under the actual expense method for calculating home office expenses 012 book Real property taxes Interest on home mortgage Operating expenses of home Depreciation $1,600 5.100 800 1,600 Print References Also, assume that not counting the sole proprietorship, Rita's AGI is $60,000. Rita itemizes deductions, and her itemized deduction for non-home business taxes is less than $10,000 by more than the real property taxes allocated to business use of the home Assume Rita's consulting business generated $13,000 in gross income for the current year. Further, assume Rita uses the actual expense method for computing her home office expense deduction c. Assuming the original facts, what types and amounts of expenses will she carry over to next year? (Leave no answer blank. Enter zero if applicable.) Amount $ Tier 1 expenses carried over to next year Tier 2 expenses carried over to next year Tier 3 expenses carried over to next year

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