Tax Ch 7

In: Business and Management

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CHAPTER 7

DEDUCTIONS AND LOSSES: CERTAIN
BUSINESS EXPENSES AND LOSSES
SOLUTIONS TO PROBLEM MATERIALS

| | | | Status: | Q/P | Question/ | Learning | | | Present | in Prior | Problem | Objective | Topic | | Edition | Edition | | | | | | | | | | 1 | LO 1 | Bad debts: accounts receivable | | New | | 2 | LO 1 | Bad debts: basis | | Unchanged | 2 | 3 | LO 1 | Bad debts: worthlessness | | Unchanged | 3 | 4 | LO 1 | Bad debts: recovery | | Modified | 4 | 5 | LO 1 | Bad debts: business | | Unchanged | 5 | 6 | LO 1 | Bad debts: business | | Unchanged | 6 | 7 | LO 1 | Worthless securities versus theft loss | | Unchanged | 7 | 8 | LO 2 | Worthless securities versus bad debts | | Unchanged | 8 | 9 | LO 2 | Section 1244 stock | | Modified | 9 | 10 | LO 3, 4 | Casualty loss versus business loss | | Modified | 10 | 11 | LO 3, 4 | Casualty loss | | Unchanged | 11 | 12 | LO 4 | Casualty loss: timing | | Unchanged | 12 | 13 | LO 4 | Casualty loss: reimbursement | | Unchanged | 13 | 14 | LO 4 | Casualty loss: measurement rule for theft | | New | | 15 | LO 4 | Casualty loss: insurance claim | | Unchanged | 15 | 16 | LO 4 | Casualty loss: cost of repairs method | | Unchanged | 16 | 17 | LO 4 | Casualty loss: rental property | | Modified | 17 | 18 | LO 4 | Casualty loss: miscellaneous itemized deductions | | Unchanged | 18 | 19 | LO 4 | Casualty loss: 10% of AGI floor | | New | | 20 | LO 4 | Casualty loss: occurrence | | Unchanged | 20 | 21 | LO 3, 4 | Casualty loss: occurrence | | Unchanged | 21 | 22 | LO 5 | Research…...

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