During the current year, Eleanor receives land valued at $30,000 from the estate of her grandfather. Her grandfather's basis in the land was $8,000. Eleanor sells the land for $34,000 late in the year. Eleanor's gross income is:()。A、$0B、$4,000C、$8,000D、$1

题目

During the current year, Eleanor receives land valued at $30,000 from the estate of her grandfather. Her grandfather's basis in the land was $8,000. Eleanor sells the land for $34,000 late in the year. Eleanor's gross income is:()。

A、$0

B、$4,000

C、$8,000

D、$16,000

E、$26,000

相似考题

1.4 Assume today’s date is 5 February 2006.Joanne is 37, she was born and until 2005 had lived all her life in Germany. She recently married Fraser, aged 38,who is a UK resident, but who worked briefly in Germany. They have no children.The couple moved to the UK to live permanently on 9 October 2005. Joanne was employed by an American companyin Germany, and she continued to work for them in the UK until the end of November 2005. Her earnings from theAmerican company were ￡5,000 per month. Joanne has not remitted any of the income she earned in Germany priorto her arrival in the UK.Joanne resigned from her job at the end of November 2005. The company did not hold her to the three months noticestipulated in her contract, but still paid her for that period. In total, Joanne paid ￡4,200 in UK income tax under PAYEfor the tax tear 2005/06.Joanne also wishes to sell the shares she holds in a German listed company. The shareholding cost the equivalent of￡3,500 in September 1986, and its current value is ￡21,500. She intends to sell the shares in March 2006 and toinvest the proceeds from the sale in the UK. Joanne has made no other capital disposals in the year.Prior to her leaving employment, Joanne investigated the possibility of starting her own business providing a Germantranslation service for UK companies, and took some advice on the matter. She paid consultancy fees of ￡5,000(excluding value added tax (VAT)) and bought a computer for ￡2,000 (excluding VAT), both on 23 October 2005.Joanne started trading on 1 December 2005. She made sales of ￡2,000 in December, and estimates that her saleswill rise by ￡1,000 every month to a maximum of ￡7,000 per month. Joanne believes that her monthly expenses of￡400 (excluding VAT) will remain constant. Her year end will be 31 March, and the first accounts will be drawn upto 31 March 2006.Although Joanne has registered her business for tax purposes with the Revenue, she has not registered for VAT andis unsure what is required of her in this respect.Required:(a) State, giving reasons, whether Joanne will be treated as resident or non-resident in the UK for the year ofassessment 2005/06, together with the basis on which her income and gains of that year will be subject toUK taxation. (3 marks)

2.During the current year, Mars Corporation receives dividend income of $20,000 from an 85%－owned domestic corporation. What is Mars' maximum allowable dividend－received deduction for the current year()A. $0B. $10,000C. $13,000D.$14,000E. $20,000

3.Byron is a partner in the Dowdy Group. At the close of the current year, Byron's basis in the partnership is $34,000. At that time, the partnership distributes cash of $8,000 and property with a basis of $9,000 and a fair market value of $13,000 to each partner. What is Byron's basis in the partnership after the distribution?()A.$13,000B.$17,000C.$26,000D.$34,000

4.They removed personal items-bags，notebooks，her six-year-old son's ______(belong)from the car.

更多“During the current year, Eleanor receives land valued at $30,000 from the estate of her grandfather. Her grandfather's basis in the land was $8,000. Eleanor sells the land for $34,000 late in the year. Eleanor's gross income is:()。A、$0B、$4,000C、$8,000D、$1”相关问题

  • 第1题：

    Rockhill Corporation operates a women's clothing boutique. Taxable income for the current year is $60,000. What is Rockhill's income tax liability?()

    A、$0

    B、$6,000

    C、$9,000

    D、$12,600

    E、$15,000


    参考答案：B

  • 第2题：

    Sanford's employer has a qualified pension plan that allows employees to contribute up to 10% of their gross salaries to the plan. The employer matches the contribution at the rate of 50% of the employee's contribution. Sanford's current annual salary is $80,000. This is his only source of income. If he contributes the maximum amount to the pension plan, what is Sanford's gross income for the current year?()

    A、$72,000

    B、$76,000

    C、$80,000

    D、$84,000

    E、$88,000


    答案：D

  • 第3题：

    ( ) name is Jane. ( ) is from the USA.

    A. Her, She

    B. She's, She

    C. Her, Her


    答案：A

  • 第4题：

    The term of Landfall means ________ ．

    A.Land first sighted when vessel approaching from seaward

    B.Land last sighted when vessel leaving from a port

    C.in sight of one another when vessel underway

    D.in sight of an island during a ship on her voyage


    正确答案：A

  • 第5题：

    ______ forms over land，most frequently during autumn and winter over low-lying land，especially if it is damp and marshy and in valleys on quiet nights with clear skies．

    A.FRONTAL FOG

    B.MIXING FOG

    C.ADVECTION FOG

    D.RADIATION FOG


    正确答案：D

  • 第6题：

    Eleanor Roosevelt was the wife of America′s 32nd president,Franklin Roosevelt.She helped her husband in?many ways during his long（21）life.She also became one of the most（22）women in America.She fought for?equal rights for all people.
    Eleanor was born in New York City in 1884.Her family had great wealth.But Eleanor did not have a happy（23）.Her parents died when she was very young.She was raised by her grandmother.Eleanor（24）that as a?child,her greatest happiness came from helping others.
    tn the early 1900s,many people were worried about the problems of（25）people who came to America in（26）of a better life.Eleanor could not（27）how people lived in such poor conditions while she and some others?had so much（28）.
    After she finished school,Eleanor began（29）children to read and write in one of the poorest areas of New?York City.She also looked into（30）where workers were said to be badly（31）.She saw little children of four?and five years old working until they（32）to the floor.She became involved（参与）with other women who（33）the same ideas about improving social conditions.
    Franklin Roosevelt began（34）Eleanor when he was in New York.They got（35）in 1905.In the next eleven?years,they had six children.The Roosevelts moved to Washington D.C.in 1913.

    第（32）题选

    A.dropped
    B.run
    C.jumped
    D.sank

    答案：A
    解析：

  • 第7题：

    用DFCSBITE进行故障隔离有那几个选项（）

    • A、CURRENT STATUS、FAULT HISTORY BY FLIGHT LEG、FAULT HISTORY BY FLIGHT DECK EFFECT、TEST LIBRARY
    • B、CURRENT STATUS、FAULT HISTORY BY FLIGHT LEG、FAULT HISTORY BY FLIGHT DECK EFFECT、SENSOR VALUES
    • C、CURRENT STATUS、FAULT HISTORY BY FLIGHT LEG、FAULT HI、LAND VERIFY TEST、TEST LIBRARY
    • D、LAND VERIFY、LAND VERIFY TEST、MCP TESTS、TEST LIBRARY

    正确答案:A

  • 第8题：

    单选题
    What describes a flood current（）.
    A

    Horizontal movement of the water toward the land after high tide

    B

    Horizontal movement of the water toward the land after low tide

    C

    Horizontal movement of the water away from the land following high tide

    D

    Horizontal movement of the water away from the land following low tide


    正确答案： D
    解析： 暂无解析

  • 第9题：

    单选题
    Land enclosure was a disaster for the（）evicted from their land by the enclosures.
    A

    landlords

    B

    tenants

    C

    farmers

    D

    wage laborers


    正确答案： C
    解析： 暂无解析

  • 第10题：

    单选题
    Mr. Morales’s concessions exclude ______.
    A

    restriction of his candidature as president to a single five-year term

    B

    autonomy, land reform

    C

    limits on land ownership will not be retroactive

    D

    loosening state control over the country’s natural resources


    正确答案： B
    解析：
    题目问的是：莫拉莱斯先生的让步不包括下列哪一项？文章第9段提到“Strengthening state control over the country’s natural resources—remain broadly intact.”，说明要加强政府对国家天然资源的控制，D项与之内容相反，故选D。

  • 第11题：

    单选题
    You are docking a vessel in a slip which has its entrance athwart the tide.You land the ship across the end of the pier，stemming the tide，preparatory to breaking the ship around the corner.You have one tug to assist．Where would you generally tie up the tug（）.
    A

    Have her on a hawser from the stern

    B

    Tie her up on the inshore bow to hold the ship off the end

    C

    Tie her up on the offshore bow

    D

    Tie her up on the inshore quarter to lift the stern


    正确答案： C
    解析： 暂无解析

  • 第12题：

    单选题
    _____ a river on land, an ocean current does not flow in a straight line.
    A

    Alike

    B

    Like

    C

    Likewise

    D

    Likely


    正确答案： D
    解析：
    本题考查介词。句意：像陆地上的河流一样，洋流也不按直线流淌。like是介词，后面跟名词，意为“像……一样”，表示方式，在句中作方式状语。

  • 第13题：

    Boston Company, an electing S corporation, has an operating loss of $400,000 for the current year. Hank owns a 40% interest in the company and is a material participant. At the beginning of the year, Hank's adjusted basis in the stock is $30,000. During the year the company borrows $100,000 with a recourse note. How much of the loss can Hank deduct on his current-year income tax return?()

    A.$0

    B.$30,000

    C.$70,000

    D.$160,000

    E.$200,000


    答案：B

  • 第14题：

    Chip, a single individual has two sales of stock during the current year. The first sale produces a short-term loss of $10,000 and the second sale results in a long-term gain of $40,000. Chip's taxable income without considering the gain is $150,000. Chip's stock transactions will increase his income tax liability by:()。

    A、$3,000

    B、$4,500

    C、$6,600

    D、$7,200

    E、$9,000


    答案：B

  • 第15题：

    Valmont owns 98% of the stock of Barnes Corporation, a manufacturer. During the current year, Barnes has operating income of $64,000, interest income of $10,000 from investments, and passive losses from investments in limited partnerships of $20,000. Barnes Corporation pays $12,000 in dividends. What is Barnes' taxable income for the current year?()

    A.$34,000

    B.$48,600

    C.$54,000

    D.$62,000

    E.$74,000


    答案：E

    解析：原句句意为瓦尔蒙特拥有制造商巴恩斯公司98%的股份。本年度，巴恩斯的营业收入为64000美元，投资利息收入为10000美元，有限合伙企业投资的被动损失为20000美元。巴恩斯公司支付12000美元的股息。巴恩斯当年的应税收入是多少？由应税收入的定义得，应税收入，即生产、经营、服务收入，是指纳税人的商品（产品）销售收入、劳务服务收入、营业收入、工程价款结算收入、工业性作业收入以及其他业务收入，所以应税收入为64000+10000=74000美元

  • 第16题：

    You are docking a vessel in a slip which has its entrance athwart the tide．You land the ship across the end of the pier，stemming the tide，preparatory to breaking the ship around the corner．You have one tug to assist．Where would you generally tie up the tug ________．

    A.Have her on a hawser from the stern

    B.Tie her up on the inshore bow to hold the ship off the end

    C.Tie her up on the offshore bow

    D.Tie her up on the inshore quarter to lift the stern


    正确答案：C

  • 第17题：

    __________ she heard her grandfather was born in Germany.

    A．That was from her mum
    B．It was her mum that
    C．It was from her mum that
    D．It was her mum whom

    答案：C
    解析：
    考查强调句。强调句的结构为It is／was+被强调部分+that／who+其他部分。强调句去掉It，be，that后，句子结构仍完整，句意仍明确。本题中只有C选项符合此条件，去掉后为“From her mum she heard her grandfather was born in Germany．”，故选C。

  • 第18题：

    Land enclosure was a disaster for the（）evicted from their land by the enclosures.

    Alandlords

    Btenants

    Cfarmers

    Dwage laborers


    B
    略

  • 第19题：

    单选题
    What is the purpose of the passage?
    A

    To tell people not to do dangerous sports.

    B

    To explain what volcano surfing and land diving are.

    C

    To talk about the world’s best volcano surfer and land diver.

    D

    To compare activities in Vanuatu with sports in New Zealand.


    正确答案： D
    解析：
    本文的脉络清晰，主要介绍了Vanuatu的两种危险的运动，即火山冲浪和陆地跳级。故选B项。

  • 第20题：

    单选题
    （）forms over land，most frequently during autumn and winter over low-lying land，especially if it is damp and marshy and in valleys on quiet nights with clear skies.
    A

    FRONTAL FOG

    B

    MIXING FOG

    C

    ADVECTION FOG

    D

    RADIATION FOG


    正确答案： D
    解析： 暂无解析

  • 第21题：

    单选题
    From “I was striking an uneasy balance between my ambition and the expectation from my parents”, we can infer that _____.
    A

    Rowling’s expectation is different from her parents’

    B

    Rowing’s parents hoped to be rich

    C

    Rowling’s parents support her writing career

    D

    Rowing and her parents didn’t get along well


    正确答案： D
    解析：
    该句话的意思是“我在我的志向和父母的期待之间保持了一种不稳定的平衡”可知父母的期待和罗琳的志向是不一致的。罗琳的志向是写作，排除C。B和D项文中并未提到，可排除。故选A。

  • 第22题：

    单选题
    Asia comprises 29.5% of the world’s land, ______ Australia comprises 5.1%.
    A

    whereas

    B

    wherever

    C

    unless

    D

    since


    正确答案： C
    解析：
    句意：亚洲领土占世界29.5%，而澳大利亚占5.1%。whereas (用于比较或对比两个事实) 然而，而 。wherever 无论什么地方。unless 除非。since 因为；自从…以来。

  • 第23题：

    单选题
    According to the passage, which of the following is true of the ratios of oxygen isotopes in ocean sediments?
    A

    They indicate that sediments found during an ice age contain more calcium carbonate than sediments formed at other times.

    B

    They are less reliable than the evidence from rocks on land in determining the volume of land ice.

    C

    They can be used to deduce the relative volume of land ice that was present when the sediment was laid down.

    D

    They are more unpredictable during an ice age than in other climatic conditions.

    E

    They can be used to determine atmospheric conditions at various times in the past.


    正确答案： A
    解析：
    细节题。第二段第二句指出：relative land-ice volume for a given period can be deduced from the ratio of two oxygen isotopes, 16 and 18, found in ocean sediments，故可知洋底的氧同位素比例可以用来推算形成时陆冰的体积，故本题应选C项。

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