Mr Brown decided that at the age of 72 that he wanted to retire. Mr Brown wanted to

sell his business for R380 000, but could not find a potential buyer who could pay this

amount in a lump sum. He sold his business to his cousin, Naledi, who paid him a cash

amount of R210 000 and negotiated to pay R6 500 per month to Mr Brown for the rest of

his life. Determine whether the amounts in the scenario will be included in

the gross income of Mr Brown.

Answers

Answer 1

In the United States, the tax treatment of the amounts in the scenario would also depend   on various factors, including the nature of the business being sold and Mr. Brown's tax status.

 How is this so ?

Generally, the cash amount of   $210,000 received from the sale of the business would be considered a capital gain and may be subject to capital gains tax.

The monthly payments of   $6,500 would be treated asordinary income and would need to be reported on Mr. Brown's tax return each year as they are received. It is advisable for   Mr. Brown to consult with a tax professional or accountant   who is familiar with U.S. tax laws to determine the specific tax implications in his situation.

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Related Questions

pls answer this!!!
it's kannada pls help I can't find the answers​

Answers

It says: 1. Soldiers are always kept from attacking viruses

Looking after _.

© Reckless

O vigilance

O recklessness

O responsibility

2. Many in the Indian Army.

0 thousand

0 crores

O million

There are warriors.

Hope this helped :)

welp 10 points
have a good day

Answers

Explanation:

We Can't answer this without Chapter 5.

[QUESTION]
__________________________
Who is known as WinterBear?
__________________________
тнαикуσυ:D​

Answers

Note that Kim Taehyung is the person called the Winter Bear. This name is his alias

Why is this so?

Because of his flawless vision, Kim Taehyung (a.k.a. V) is known as Winter Bear. His gorgeous face is as velvety as bear hair. And his skin is as white as snow.

V takes in the beauty of the environment around him in the video and sings soulfully to the audience. V, the photographer/artist, communicates his emotions via "Winter Bear" more than V, the K-Pop singer. Fans have detected a secret message from Vante in both the music video and the album art.

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Which statement best describes the process of erosion?

Answers

wind, water, and ice wear down and carry away rock, soil, and sand.

Here are the things that you need to include (Please include more than just the verb in the sentence):

In sentence one, use the 1st person plural imperfect tense passive voice of videō, vidēre, visī, visum- see.

In sentence two, use the 2nd person plural future tense passive voice of iuvō, iuvāre, iuvavī, iuvatus- help.

In sentence three, use the 3rd person plural present tense passive voice of amō, amāre, amavī, amatus- love.

In sentence four, use the 2nd person singular future tense passive voice of teneō, tenēre, tenuī, tenitus- hold.

In sentence five, use the 3rd person singular imperfect tense passive voice of vertō, vertere, vertī, vertus- turn.

In sentence six, use the 1st person plural future tense passive voice of protegō, protegere, protexī, protectus- protect

In sentence seven, use the 3rd person plural present tense passive voice of iubeō, iubēre, iussī, iussus- order

In sentence eight, use the 2nd person plural future tense passive voice of avertō, avertere, avertī, aversus- turn away

Can someone hurry and help me with this problem

Answers

Answer:

This is the correct word form. Sorry if this doesn't help.

Nepilnīgs laiks ir tāds, kas pievienojas pagātnes laikam ar nepilnīgu aspektu, lai turpinātu notikumu vai darbību.

Kas ir darbības vārds?

Tas attiecas uz runas daļu, kas tiek izmantota, lai teikumā parādītu darbību.

Šeit mēs redzam, ka pasīvā balss ir tāda, kurā darbības vārda darbība ir teikuma priekšmets.

Piemēram, “Es viņai iedevu grāmatu” ir aktīvā balsī, bet, mainot to uz pasīvu, tas kļūst par “Grāmatu es viņai uzdāvināju”.

Lūdzu, ņemiet vērā, ka jūsu jautājums ir nepilnīgs, tāpēc es sniedzu jums vispārīgu pārskatu, lai labāk izprastu šo koncepciju.

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how to write or spell 'i love you' 'i miss you' in Korean and Chinese!!

Answers

Answer:

사랑해

난 당신이 그리워요

Explanation:

the top is I love you

and the bottom is I miss you

in korean, they are pronounced

salanghae

nan dangsin-i geuliwoyo

Answer: 我想念你 I miss you 我愛你 I love you Chinese

난 당신이 그리워요 I miss you 사랑해 I love you Korean

Explanation:

Which impact on the GDP of Canada is inaccurate A the amount of goods products in the country B the skills of the workforce C the ability to move goods throughout a region D the low literacy rate of Canada

Answers

As a GDP of a certain country increased, the number of wealth accumulated by the people in that country is also increased. This means that the citizens would have more purchasing power to buy more guilds , improve their health, pursue higher education, and acquiring skills that needed in the workforce.

Explanation:

i think if not sorry

Help meee
pls :(
thankkk​

Answers

Answer:Do not know sorry:(

Explanation:

लंडनमधील सेंट पॅन्क्रास स्टेशनवरून युरोस्टार ट्रेनने मी व आदित्य पॅरिसला जाण्यासाठी निघाली.
दुपारी बाराच्या सुमारास आम्ही पॅरिसमधील ‘गरे डु नॉर्ड' स्टेशनवर उतरलो. मग एका छानदार हॉटेलात आम्ही
पोटपूजा केली आणि नंतर आम्ही पॅरिस पाहायला निघालो.
सर्वप्रथम आम्ही 'एस्पनाद दिसेनवेलिद' ही आर्मी म्युझियमची देखणी इमारत पाहिली. मग पॅरिसचे
मुख्य आकर्षण असलेल्या 'आयफेल टॉवर' कडे आम्ही निघालो. फ्रेंच क्रांतीला शंभर वर्ष पूर्ण झाल्याच्या
प्रीत्यर्थ बांधली गेलेली सुमारे ३२५ मीटर उंचीची ही वास्तू ! याच्या निर्मितीचे श्रेय गुस्ताव्ह आयफेल या फ्रेंच
वास्तुशास्त्रकाराकडे जाते. दूरवरून जेव्हा आम्हाला आयफेल टॉवरचे दर्शन झाले, तेव्हा खूपच रोमांचकारी
वाटले. तिथे देशविदेशातील हजारो पर्यटकांची गर्दी होती. आम्ही रांगेतून आयफेल टॉवरच्या टॉपवर जाण्यासाठी
निघालो. तीन लिफ्टमधून आम्ही आयफेल टॉवरच्या सर्वांत वरच्या टोकावर पोहोचलो. युरोप टूरचं सार्थक
त्या जगप्रसिद्ध आयफेल टॉवरवर आदित्याचे अनेक फोटो मी काढले, तेव्हा त्याच्या उल्हासाला सीमा नव्हती!
तेथून आम्ही साइन नदीवर बोटिंगसाठी निघालो. सारांश लेखन मराठी​

Answers

Answer:

what l dont now lauege sorry l dont now

here are clouds forming over Florida. The temperatures in the clouds and in the air are above freezing. Which form of precipitation do you expect Florida to get and why?hate me

Answers

Answer: Rain

Explanation:

Based on the information given in the question, the form of precipitation that is expected in Florida is rain. This is because the temperatures in the clouds and the temperature that is in the air are above freezing as we are informed in the question, that is, above 32°F.

Assuming the precipitation was snow, this will be as a result of the air being above freezing. Therefore, the answer to the above question is rain.

How do people decide whether to evacuate during natural disasters? Use examples from the text to support your answer.

It’s an actively learn assignment and the article it’s called How social networks can save lives when disasters strike.

I’ll give a brain list to the best answer , please help.

Answers

Hey there!

People decide by figuring out how bad it actually is, and if they think whether they wil be safe or not. They also decide if they think their house will be okay, or not, and personal things can decide too.

Have a great day!



me ajuda aii8888wnsm2kele sobre s​

Answers

Answer:

B) Notícia, por sua objetividade

գեղարվերստական գր՝ից դուրս գրիր նախադասություններ պարզ ստորոգյալով , որոնք արտահայտված են բայի բաղադրյալ ձևերով։




Help me pleaseeeee​

Answers

IM NOT SURE WHAT THIS MEANS BUT I SEARCHED IT UP I HOPE THIS HEKPS YOU, you can go into website quizzlet and search!

Why don't birds get electrocuted when they land on an electric wire? explain in Malayalam.​

Answers

The reason birds don't get electrocuted when they touch a wire is because there isn't a potential difference when touching just that electrical source.

Why don't birds get electrocuted?

ഉയർന്ന വോൾട്ടേജ് കേബിളിൽ സ്പർശിക്കുമ്പോൾ പക്ഷികൾ വൈദ്യുതാഘാതം ഏൽക്കാത്തതിന്റെ പ്രധാന കാരണം, അവയുടെ വലിപ്പം കാരണം, മറ്റേതെങ്കിലും പ്രതലവുമായുള്ള സമ്പർക്കം ഒഴിവാക്കിക്കൊണ്ട് അവയ്ക്ക് പൂർണ്ണമായും അതിൽ ഇരിക്കാൻ കഴിയും എന്നതാണ്.

മേൽപ്പറഞ്ഞവ കാരണം, കറന്റ് പക്ഷിയുടെ ശരീരത്തിലൂടെ വളരെ സാവധാനത്തിൽ കടന്നുപോകുന്നു, അതിനാൽ അത് വേഗത്തിലുള്ള ഒഴുക്ക് നൽകുന്ന കേബിളിൽ അതിന്റെ ഗതി പിന്തുടരാനുള്ള സാധ്യത കൂടുതലാണ്.

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Read the excerpt from the passage. ". . . You could almost see that thought turn in him as he turned, and pace in him as he paced; so completely possessing him, indeed, that it all but seemed the inward mold of every outer movement. "


Which idea does the author convey through the use of figurative language?

Answers

The author uses figurative language to convey the idea that the character's thought is deeply ingrained and influential in his actions.

The idea that is conveyed

The phrase "you could almost see that thought turn in him as he turned" suggests a strong correlation between the character's mental process and his physical movements.

The use of the word "pace" further emphasizes the connection, as it implies a rhythmic and repetitive motion that mirrors the character's thought process.

By describing the thought as "the inward mold of every outer movement," the author suggests that it shapes and molds the character's behavior in a profound and pervasive manner. Overall, the figurative language portrays the character's thoughts as a powerful force that drives and directs his actions.

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Se liga nesse aplicativo! São milhões de alunos se ajudando na lição de casa. https://brainly.app.link/qpzV02MawO​

Answers

Answer:

no

Explanation:

Ano ano ang naging ambag ng mga nasabing social media site sa mga tao​

Answers

Answer:

Ang social media ay makakatulong sa atin sa pamamagitan ng paghahanap ng trabaho,nakakatulong rin sa atin sa pag sagut ng mga assignment natin at marami pang iba...

nombra los mitos colombiano que has conocido atraves de la literatura​

Answers

Answer:

La llorona

La patasola

La sayona

La mancarita

El silbon

Hombre caimán

Muqui

Sacerdote sin cabeza

Summarize Othello Act 3, scenes 1 -2 (pp. 54-56).

Answers

24 quarks to the 4th

ano ang balangkas ng ibong adarna


RUSHHHH
Brainliest answer to the correct answer​

Answers

Answer:

Ang Ibong Adarna ay isang tulang epiko ng ika-16 na siglong Pilipino. Ito ay tungkol sa isang eponymous na mahiwagang ibon. Ang mas mahabang anyo ng pamagat ng kwento sa panahon ng Espanya ay "Korido at Buhay na Pinagdaanan ng Tatlong Prinsipeng Magkakapatid na anak ni Haring Fernando at ni Reyna Valeriana sa Kahariang Berbanya" ("Corrido and Life Lived by the Three Princes, mga anak ni King Fernando at Queen Valeriana sa Kaharian ng Berbanya "), at pinaniniwalaan ng ilang mga mananaliksik na batay sa mga katulad na kwento sa Europa. Ang kwento ay kilala rin bilang The Aderna Bird.

Explanation:

Itala ang mga katangian o pagbabagong pisikal kapag ang isang tao tumatanda na

Answers

Answer:

I don't understand your question

plz ask in English

Explanation:

gud mrng

hru?

sa loob ng kahon sumulat ng isang social media shoutout o post tungkol sa karanasan mo noong enhamced community quarantine (ECQ) at maglagay ng emoticons upang maipahayag nang lubusan ang iyong damdamin​

Answers

I was sad in ECQ

I can't see my friends

Is anyone able to translate these TwT

Answers

Answer:

its chinese

FUME WU tJJ V 2 OUL3 350DSOUL3

That’s in Japanese.

translate this ( こんにちは、私の質問に答えてくれてありがとう)

Answers

Answer: Hello, Thank you for the answer to my question

:) You're very welcome

Answer:

Hello, Thank you for the answer to my question,,

Explanation:

is that it?

7. in writing, it discusses elements that are similar.
A comparison
c. transitions
B. contrast
. none of the above
It discusses the elements that differ in a writing.​

Answers

Answer:4

Explanation:earth wind air fire

What's a thing that you love the most?​

Answers

Answer: Spending time with friend and family.

Determinar características básicas del Realismo mágico.​

Answers

Answer:

Characteristics

1.Fantastical elements. Magical realism portrays fantastical events in an otherwise realistic tone.

2.Real-world setting.

3.Authorial reticence.

4.Plenitude.

5.Hybridity.

6.Metafiction.

7.Heightened awareness of mystery.

8.Political critique.

Explanation:

what is the difference between the two types of experimental research design​

Answers

Answer:

In a true experiment, participants are randomly assigned to either the treatment or the control group, whereas they are not assigned randomly in a quasi-experiment. ... Quasi-experimental research designs do not randomly assign participants to treatment or control groups for comparison.

cuales fueron los principales autores de la generación decapitada y sus producciones literarias

Answers

Los cuatro poetas que conforman esta generación se inspiraron en dos fuentes: el nuevo lenguaje de Rubén Darío y el simbolismo y parnasianismo de los poetas franceses Charles Baudelaire, Arthur Rimbaud y Paul Verlaine. Por otra parte, todos ellos fueron amigos y mantuvieron una intensa relación epistolar.

pakibigay ang aspekto​

Answers

Hi

Hello
Holly fhkjgvbkfaafhhhuy
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what powershell command can you use to update the configuration version of a virtual machine named vmold that has been moved from an older hyper-v install? because the united states computer emergency readiness team (us-cert) is run within the department of homeland security (dhs), us-cert information is classified and unavailable to the public.T/F Travelers to Spain often think that Spanish speakers appear to have a lisp-they pronounce and expected [s] as [8]. Moreover, they pronounce and expected [i] as ly, a palatal lateral whose IPA symbol is . These are regular dialectal variations. Consider the word pairs in the two dialects and (a) Write out which sounds correspond (e.g. [pl-[pl). There should be 14 pairs. (b) For each of the 14 cases, propose a protosound, e.g., *[p] (c) What, if any, are the sound changes that occurred in each of the dialects? (d) Write out the reconstructed protoform of each word In "The Latin Deli: An Ars Poetica," what does the elderly man read to the woman?A. a shopping listB. a Mexican storyC. a love letter for herD. a speech about Cuba Which of the following is NOT one of the four question areas Barney proposes in his VRIO framework used to evaluate a firm's key resources?A) organizationB) durabilityC) rarenessD) valueE) imitability Can someone answer this question What is the problem with this please drive safety A small firm is likely to use which type of structure for increased centralized control?Group of answer choicesA. Functional StructureB. Simple structureC. Matrix StructureD. Divisional Structure determine the reactions at the bearing support aa and fixed support bb. eiei is constant Which of the following explanations represents why taste aversion breaks the rules of conditioning?A. Taste aversion requires no cognitive processes in order to develop.B. Taste aversion is a learned response that does not occur without cognition.C. Taste aversion can develop after only one pairing of a stimulus and response.D. Taste aversion cannot be explained by using conditioning processes. For the balanced chemical reaction C3H8 + 5O2 3CO2 + 4H2O how many grams of C3H8 are needed to make 10.7 g of H2O? Express your answer to three significant figures. The real number(s) a for which that the vectors Vi= (a, 1), v,-(4, a), v3= (4,6) are linearly independent is(are) (a) a (b) a12 c) The vectors are linearly independent for all real numbers a. (d) a 2 (e) The vectors are linearly dependent for all real numbers a Answer is option a, c, dIk it may seem like too easy question but how option C is answer since vector depend on both magnitude and 'direction' T-T Won't direction will change? as people try to avoid the inflation tax, the government must _____ the inflation rate to _____.increase; raise the same revenue from inflation lower; avoid a budget deficit increase; avoid a budget surplus, which will harm employment lower; raise the same revenue from inflation a stormy winter brings increased rain. what happens to the market for umbrellas? let h and k be normal subgroups of g such that g/h and g/k are both solvable. prove that g/(h k) is solvable. . define a relation on z by declaring xry if and only if x and y have the same parity. is r reflexive? symmetric? transitive? if a property does not hold, say why. what familiar relation is this? a state of inflammation impairs effective immune responses to microbial products. when a manager makes a decision to cut 30 percent of a plants workforce in order to keep the plant profitable and save the remaining jobs, he or she is using the ____________ view of ethics. What would occur if you blocked calcium channels in a myocardial cell?No resting potentialNo repolarizationNo depolarizationNo plateau