Prema purchased 18 ounces of gold in 2005 for $414 per ounce in order to try to diversify her investment portfolio. She sold a third of her holdings in gold in 2009 at a price $953 per ounce. She sold the rest of her gold holdings in 2010 for $1,367 per ounce. What would her profit have been if she sold everything in 2010

The 39 percent and 38 percent tax rates both represent what is called a tax "bubble." suppose the government wanted to lower the upper threshold of the 39 percent marginal tax bracket from $335,000 to $208,000. what would the new 39 percent bubble rate have to be? (do not round intermediate calculations. enter your answer as a percent rounded to 2 decimal places,e.g., 32.16.)

In a chapter 7 bankruptcy, a debtor:

On september 1, 2016, steve loaned brett $2,000 at 12% interest compounded annually. steve is not in the business of lending money. the note stated that principal and interest would be due on august 31, 2018. in 2018, steve received $2,508.80 ($2,000 principal and $508.80 interest). steve uses the cash method of accounting. what amount must steve include in income on his income tax return?