kraigstehr6938 kraigstehr6938

23-08-2019
Business

contestada

Which of the following statements regarding a taxpayer's principal residence is true for the purposes of determining whether the taxpayer is eligible to exclude gain realized on the sale of the residence?
A) A taxpayer may have more than one principal residence at any one time.B) A taxpayer's principal residence may not be a houseboat.C) A taxpayer with more than one residence may annually elect which residence is considered to be the principal residence.D) None of the choices are true.

Respuesta :

Аноним Аноним

31-08-2019

Answer:

The correct answer is D) None of the choices are true.

Explanation:

Residents in the United States and citizens of this country pay the tax for their worldwide income, that is, income earned anywhere in the world, while non-residents pay exclusively for income earned in the United States. There are several types of deductions that reduce the income tax.

Answer Link

Otras preguntas

What should always be included in an example of formal writing?

Which shift in the demand curve is most likely to describe a company in a monopolistically competitive market that begins to spend more on advertising?

Describe the importance of quetzalcoatl in the conquest of the aztecs

The demand for cigarettes is highly inelastic. This suggests that the incidence of a higher tax on cigarettes will fall primarily on:______. A) Government. B) C

Old aspirin exposed to moisture often smells like acetic acid (vinegar). When aspirin is heated in boiling water, it decomposes and gives off a vinegar smell. T

Marcus believes that development is basically the same for most or all people. In his view, children are active, sense-making beings who modify their thinking a

A toroidal solenoid with 400 turns of wire and a mean radius of 6.0 cm carries a current of 0.25 A. The relative permeability of the core is 80.A) What is the m

PLZ HELP 50 POINTS IF YOU ANSWER CORRECTLY WITH TEXTUAL EVIDENCE 2. The author paints Aibileen with a quiet grace and an aura of wisdom about her. How does the

The notes produced by a tuba range in frequency from approximately 45 Hz to 375 Hz. Find the possible range of wavelengths in air produced by the instrument whe

The trial balance would automatically reveal the following error: Land was purchased for cash but instead of crediting cash, the credit was made to Accounts Rec