subject
Social Studies, 19.02.2020 22:22 gwendallinesikes

Stewie, a single taxpayer, operates an activity as a hobby. Brian, a different taxpayer, operates a similar activity as a bona fide business. Stewie's gross income from his activity is $5,000 and his expenses are $6,000. Brian's gross income and expenses are coincidentally the same as Stewie. Neither Stewie nor Brian itemize, but both have other forms of taxable income. What is the impact on taxable income for Stewie and Brian from these activities

ansver
Answers: 3

Another question on Social Studies

question
Social Studies, 21.06.2019 20:20
Apsychologist has developed a series of personality inventories and wants to determine if they are valid. one of the scales measures perfectionism, so he asks a colleague for advice on how to establish the validity of this scale. the colleague tells him that if he were to find a sample of people with personality disorder, these people would obtain high scores on a scale that measures perfectionism.
Answers: 2
question
Social Studies, 22.06.2019 08:30
What was included in most state constitutions that guaranteed protection of individual liberties based upon common law?
Answers: 3
question
Social Studies, 22.06.2019 18:00
What would you call a political system that is only meant to last for a short time
Answers: 1
question
Social Studies, 22.06.2019 18:30
Arecent challenge to the european union created by a member state is?
Answers: 1
You know the right answer?
Stewie, a single taxpayer, operates an activity as a hobby. Brian, a different taxpayer, operates a...
Questions
question
Mathematics, 06.10.2020 15:01
question
Mathematics, 06.10.2020 15:01
question
Mathematics, 06.10.2020 15:01
question
Spanish, 06.10.2020 15:01
Questions on the website: 13722360