Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Question about the 2020 form 4797 for a corp: if told 18,000 will survive to be treated as long term capital gain what line on

Question about the 2020 form 4797 for a corp:

if told "18,000 will survive to be treated as long term capital gain" what line on 2020 form 4797 will be 18,000?

if told "total ordinary gain should be 57,000" what line on 2020 form 4797 will be 57,000?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Managerial Accounting Creating Value In A Dynamic Business Environment

Authors: Ronald Hilton, David Platt

13th Edition

1264100698, 9781264100699

More Books

Students also viewed these Accounting questions