Question
In: Accounting
Each of the following moves represent a permanent change of station EXCEPT: A. A move from...
Each of the following moves represent a permanent change of station EXCEPT:
A. A move from oe permanent post of duty to another
B. A move from last post of duty to the taxpayer's home within one year of the end of the taxpayer's active duty
C. A move from the taxpayer's home to the first post of active duty.
D. A move from the last post of duty to the taxpayer's home 18 months after the end of the taxpayer's active duty.
Solutions
Expert Solution
Answer: D. A move from the last post of duty to the taxpayer's home 18 months after the end of the taxpayer's active duty.
Explanation:
As per IRS, deduction on moving expenses due to permanent change of station is eligible for the members of the Armed Forces.
The following situations represent a permanent change of station :
- When the taxpayer moves from his / her home to the first post of active duty.
- When the taxpayer moves from his / her permanent post of duty to another
- Withing 1 year of the end of the active duty, the taxpayer moves to his / her home from the last post of duty.
Thus the option (D) given in the question does not qualify for permanent change of station.
ekkarill92 answered 2 years agoRelated Solutions
Q4. You observed a stock moves 2% stdev each day usually, except for days of earning...
Q4. You observed a stock moves 2% stdev each day usually, except
for days of earning announcement. In the latter case, it has a
stdev of 10%. Today is a Friday. You are interested in an option
that expires in FOUR weeks. Earning announcement will be on the
next Friday.
a. What should be annualized IV now?
b. On next Thurday at close, what should be IV?
c. On Friday at close, just after ER, what should be IV?
Q4. You observed a stock moves 2% stdev each day usually, except for days of earning...
Q4. You observed a stock moves 2% stdev each day usually, except
for days of earning announcement. In the latter case, it has a
stdev of 10%. Today is a Friday. You are interested in an option
that expires in FOUR weeks. Earning announcement will be on the
next Friday.
Q4a. What should be annualized IV now? (4 points)
Q4b. On next Thurday at close, what should be IV? (3 points)
Q4c. On Friday at close, just after ER, what...
Q4. You observed a stock moves 2% stdev each day usually, except for days of earning...
Q4. You observed a stock moves 2% stdev each day usually, except
for days of earning announcement. In the latter case, it has a
stdev of 10%. Today is a Friday. You are interested in an option
that expires in FOUR weeks. Earning announcement will be on the
next Friday.
a. What should be annualized IV now? (4 points)
b. On next Thursday at close, what should be IV? (3 points)
c. On Friday at close, just after ER, what...
Q4. You observed a stock moves 2% stdev each day usually, except for days of earning...
Q4. You observed a stock moves 2% stdev each day usually, except
for days of earning announcement. In the latter case, it has a
stdev of 10%. Today is a Friday. You are interested in an option
that expires in FOUR weeks. Earning announcement will be on the
next Friday.
Q4a. What should be annualized IV now? (4 points)
Q4b. On next Thurday at close, what should be IV? (3 points)
Q4c. On Friday at close, just after ER, what...
Q4. You observed a stock moves 2% stdev each day usually, except for days of earning...
Q4. You observed a stock moves 2% stdev each day usually, except
for days of earning announcement. In the latter case, it has a
stdev of 10%. Today is a Friday. You are interested in an option
that expires in FOUR weeks. Earning announcement will be on the
next Friday.
Q4a. What should be annualized IV now? (4 points)
Q4b. On next Thurday at close, what should be IV? (3 points)
Q4c. On Friday at close, just after ER, what...
Given only, the following information, answer the questions below. Increases and Decreases represent the change from...
Given only, the following information, answer the questions
below. Increases and Decreases represent the change from prior year
to current year. (Note to you are not told what the change in cash
was for the year.)
Other Info: Equipment was sold in the current
year with original cost of $70,000 and a book value of $40,000 for
cash proceeds of $50,000. The decrease in Short-Term Investments
was the sale of shares in another company for $14,000. The company
declared a...
Given only, the following information, answer the questions below. Increases and Decreases represent the change from...
Given only, the following information, answer the questions
below. Increases and Decreases represent the change from prior year
to current year. (Note to you are not told what the change in cash
was for the year.)
Decrease in Accounts Receivable 32,000
Increase in Inventory 5,000
Increase in Property Plant and Equipment 10,000
Increase in Long –Term Investments 50,000
Increase in Long-Term Bonds Payable 120,000
Decrease in Accounts Payable 15,000
Increase in Retained Earnings 127,000
Increase in Common Stock 18,000
Increase...
1.) Which of the following EXPLAINS why transcription aids water move upwards? a. Water moves by...
1.) Which of the following EXPLAINS why transcription aids water
move upwards?
a. Water moves by osmosis from hypotonic areas, with low solute
concentration into hypertonic areas.
b. Water molecules stick to each other, each molecule that
evaporates pulls the next one.
c. Water molecules have adhesion to the walls of racheids and
xylem vessels allowing them to form tall columns of water.
d. Plant cell membranes have channels called aquaporings that
allow water to move through the membrane fast.
How does the complexity of the gastrovascular cavity change as you move from the Hydrozoa to...
How does the complexity of the gastrovascular cavity change as
you move from the Hydrozoa to the Scyphozoa to the Anthozoa? Relate
these changes and the functional reasons for them to the body plans
seen in sponges.
All of the following would represent the first line of defense against microbial invasion except -...
All of the following would represent the first
line of defense against microbial invasion
except
- the secretion of histamine by basophils
- the presence of lysosome within tears
- the flushing action of urination
-the production of mucus within the nasal cavity
-the keratinized epithelium of the epidermis
ADVERTISEMENT
ADVERTISEMENT
Latest Questions
- A pension fund manager is considering three mutual funds. The first is a stock fund, the...
- Compute the cost of not taking the following cash discounts. (Use a 360-day year. Do not...
- During his project presentation, Bob falls sick and performs poorly. However, his colleague, Dan, concludes that...
- A sample human input file that contains test values that a human would enter on the...
- A solution is prepared by dissolving 15 ml of methanol in 150.0 ml water at 25...
- Consider a newlywed who is planning a wedding anniversary gift of a trip to Canada for...
- We are evaluating a project that costs $868,000, has a life of eight years, and has...
ADVERTISEMENT