During the year, Fred, a tenant, moved to another state. Fre…

During the year, Fred, a tenant, moved to another state. Fred paid Ethan $1,100 to cancel the two-year lease he had signed. Edan subsequently began renting the unit to Will in the same year. Will paid the first and last months’ rents of $1,00 each and a security deposit of $800. In addition to the regular rental income from the apartment, Edan must include the following in gross income:

Andy, who is single, retired from his job this year.  He re…

Andy, who is single, retired from his job this year.  He received a salary of $22,000 for the portion of the year he worked. He received tax-exempt interest of $4,000 He received dividends from domestic corporations of $2,000 On August 1, he began receiving monthly pension payments of $900. Assume an exclusion ratio of 40% for the pension. The taxable portion is $540 per month times 5 months for a total of $2,700. On August 1, he began receiving monthly Social Security payments of $500. The taxable portion is $1,250. Andy owns a duplex that he rents to others. He received rent of $16,000 and incurred $18,000 of expenses related to the duplex. He continued to actively manage the property after he retired from his job. Compute Andy’s Gross Income.

A patient comes into radiology after a stroke. They need to…

A patient comes into radiology after a stroke. They need to assess how well the patient chews their food and verify that they don’t aspirate with any type of food/liquid. The study is performed by giving the patient different kinds of foods/liquid with barium. This patient is scheduled to receive a Barium Swallow Study.