CPA-Regulation 試験問題を無料オンラインアクセス

Farr made a gift of stock to her child, Pat. At the date of gift, Farr's stock basis was $10,000 and the stock's fair market value was $15,000. No gift taxes were paid. What is Pat's basis in the stock for computing gain?

• A.$15,000
• B.$10,000
• C.$5,000
• D.$0

Starr, a self-employed individual, purchased a piece of equipment for use in Starr's business. The costs associated with the acquisition of the equipment were:

What is the depreciable basis of the equipment?

• A.$59,125
• B.$58,400
• C.$55,000
• D.$59,425

Among which of the following related parties are losses from sales and exchanges not recognized for tax purposes?

• A.Brother-in-law and sister-in-law.
• B.Grandfather and granddaughter.
• C.Ancestors, lineal descendants, and all in-laws.
• D.Father-in-law and son-in-law.

Dale received $1,000 in 1990 for jury duty. In exchange for regular compensation from her employer during the period of jury service, Dale was required to remit the entire $1,000 to her employer in
1990. In Dale's 1990 income tax return, the $1,000 jury duty fee should be:

• A.Claimed as an itemized deduction to the extent exceeding 2% of adjusted gross income.
• B.Included in taxable income without a corresponding offset against other income.
• C.Deducted from gross income in arriving at adjusted gross income.
• D.Claimed in full as an itemized deduction.

Under the uniform capitalization rules applicable to property acquired for resale, which of the following costs should be capitalized with respect to inventory if no exceptions are met?

• A.Option D
• B.Option C
• C.Option A
• D.Option B