Business
Business, 06.05.2020 08:28, dbryrob9148

You are given the following facts about a solely owned S corporation. What is the shareholder's ending stock basis?

Increase in AAA $31,000
Increase in OAA 6,300
Payroll tax penalty 2,140
Beginning stock basis 39,800
Stock purchases 22,000
Tax-exempt life insurance proceeds 4,800
Life insurance premiums paid (nondeductible) 2,700

a.$61,800
b.$68,100
c.$99,100
d.$100,100

answer
Answers: 3

Other questions on the subject: Business

image
Business, 21.06.2019 22:30, lejeanjamespete1
What is the connection between digital transformation and customer experience
Answers: 2
image
Business, 22.06.2019 08:20, auntlynard1843
How much does a neurosurgeon can make most in canada? give me answer in candian dollar
Answers: 1
image
Business, 22.06.2019 16:30, ggggggggv24
On april 1, the cash account balance was $46,220. during april, cash receipts totaled $248,600 and the april 30 balance was $56,770. determine the cash payments made during april.
Answers: 1
image
Business, 23.06.2019 00:30, KittyGotham
Emerson has an associate degree based on the chart below how will his employment opportunities change from 2008 to 2018
Answers: 2
Do you know the correct answer?
You are given the following facts about a solely owned S corporation. What is the shareholder's endi...

Questions in other subjects:

Konu
Mathematics, 14.07.2021 23:40
Konu
Chemistry, 14.07.2021 23:40