ACC 401 Empower Learning/ indigohelp

1
ACC 401 Empower Learning/ indigohelp
2
ACC 401 Educational Tutor/ indigohelp
ACC 401 Empower Learning/ indigohelp

• ACC 401 Week 1 Assignment Chapter 2 Problems 32
  33 38

• ACC 401 Week 1 Quiz

• For more classes visit
• www.indigohelp.com
• ACC 401 Week 1 Quiz

• For more classes visit
• www.indigohelp.com
• In which of the following cases may the taxpayer
  claim head of household filing status?
• a. The taxpayer is single and maintains a
  household which is the principal place of abode
  of her infant son.
• b. The taxpayer is single and maintains a
  household for herself and maintains a separate
  household which is the principal place of abode
  of her dependent widowed mother.
• c. The taxpayer is married from January to
  October and lived with his spouse from January to
  May.

3
ACC 401 Educational Tutor/ indigohelp
ACC 401 Empower Learning/ indigohelp

• ACC 401 Week 2 Assignment Chapter 4 problem 53
  and problem 55

• ACC 401 Week 2 Quiz

• For more classes visit
• www.indigohelp.com
• Under the terms of a divorce decree executed May
  1, 2008, Rob transferred a house worth 650,000
  to his ex-wife, Linda, and was to make alimony
  payments of 3,000 per month. The property has a
  tax basis to Rob of 300,000.
• a. How much of this must be reported on Lindas
  tax return?
• b. Of that amount, how much is taxable gain or
  loss that Linda must recognize related to the
  transfer of the house?
• 54. Under the alimony recapture rules, what
  amounts are designated for recapture
  reclassification, and what are the tax
  consequences?
• 55. Indicate whether each of the following items
  is considered a for AGI, (above-the line)
  deduction for the 2009 tax year.

• For more classes visit
• www.indigohelp.com
• ACC 401 Week 2 Quiz

4
ACC 401 Educational Tutor/ indigohelp
ACC 401 Empower Learning/ indigohelp

• ACC 401 Week 3 Assignment Chapter 6

• ACC 401 Week 3 Quiz

• For more classes visit
• www.indigohelp.com
• David is a college professor who does some
  consulting work on the side. He uses 25 of his
  home exclusively for the consulting practice. He
  is single and 63 years old. His AGI (without
  consideration of consulting income) is 45,000.
  Other information follows
• Income from consulting business 4,000
• Consulting expenses other than home office 1,500
• Total costs relating to home
• Interest and taxes 6,500
• Utilities 1,500
• Maintenance and repairs 450
• Depreciation (business part only) 1,500

• For more classes visit
• www.indigohelp.com
• ACC 401 Week 3 Quiz

5
ACC 401 Educational Tutor/ indigohelp
ACC 401 Empower Learning/ indigohelp

• ACC 401 Week 4 Assignment Chapter 9, Problem 42
  problem 49

• ACC 401 Week 4 Quiz

• For more classes visit
• www.indigohelp.com
• Tim and Martha paid 7,900 in qualified
  employment-related expenses for their three young
  children who live with them in their household.
  Martha received 1,800 of dependent care
  assistance from her employer, which was properly
  excluded from gross income. The couple had
  57,000 of AGI earned equally by Tim and Martha

• For more classes visit
• www.indigohelp.com
• ACC 401 Week 4 Quiz

6
ACC 401 Educational Tutor/ indigohelp
ACC 401 Empower Learning/ indigohelp

• ACC 401 Week 5 Final Paper Assignment

• For more classes visit
• www.indigohelp.com
• QAppendix A
• Please use this information for your Tax Return
  and Paper.
• All people, businesses, and information are
  fictional. Any relation to an actual person or
  business is accidental.
• Harold Petersan
• SSN 0XX-01-1XXX
• Date of Birth (DOB) 05/27/1975
• Gross Pay 51,750
• 401(k) contributions 4,140
• Healthcare costs (payroll deductions) 1347

7
ACC 401 Educational Tutor/ indigohelp
ACC 401 Empower Learning/ indigohelp