What is bdos ordinary income or loss

Assignment Help Accounting Basics

Reference no: EM133612423

Question: The BDO partnership provides that D will I receive a guaranteed salary of $3:0.000 each year for her services as an account

She will also receive one third of the taxable income or loss. For the current year the partnership has ordinary income of $18,000 before the salary payment, a Section 1231 gain of 59,000, and short-term capital gain of $3,000. All taxpayers are cash method and have a calendar year end. The $30.000 salary is paid to D evenly throughout the year. What is BDO's ordinary income or loss?

Reference no: EM133612423

Questions Cloud

What attributes are required of an undercover officer : What attributes are required of an undercover officer? Do you believe you would make a good undercover officer? Why or why not?

What are your thought and reaction from his ted talk : We stigmatize accents but language belongs to everyone Ted talk by Herman Diaz. What are your thought and reaction from his Ted talk?

Research indicates pattern of racial disparities : Research Indicates Pattern of Racial Disparities, the General Accounting Office (GAO) conducted a study of 28 other studies after the Gregg decision by SCOTUS.

Create an introduction paragraph with thesis statement : Analyzing Richard Dorment's Why Men Still Can T Have It All. What is the thesis statement. Create an introduction paragraph with thesis statement and 8 sentence

What is bdos ordinary income or loss : method and have a calendar year end. The $30.000 salary is paid to D evenly throughout the year. What is BDO's ordinary income or loss

Shares for their income potential would be more interested : shares for their income potential would be more interested in the company's dividend yield and payout ratios than its price-earnings ratio

How will you use this knowledge and the skills in your class : How will you use this knowledge and these skills in your future classes, in your career, and in your personal life?

Do you think the gaa principles should be replaced : Do you think the GAA Principles should be replaced with the International Financial Reporting Standards (IFRS)? The chapter reading highlights

Determine three us laws that regulate the use of internet : Determine three U.S. laws that regulate the use of the internet for commercial purposes. The laws can either protect the consumer, the provider, or both.

User Account

All Pages