What amount is included in bs employment income

Assignment Help Financial Accounting

Reference no: EM133492549

Question: On October 12022. B's employer provided her with the use of a carThe car was purchased for $40,000 (including taxThe employer will also pay for the operating expenses that are expected to be $2,400 annuallyB will drive the car 2.000 km per month of which 600 km will be for employment purposes What amount is included in B's employment income for tax purposes in 2022

Reference no: EM133492549

Questions Cloud

What is your prediction of international trade environment : What is your prediction of the international trade environment in the next 10 years? Will it be freer or more protected?

Cost of goods sold, sale revenue and gross profit : Using LIFO, calculate ending inventory, cost of goods sold, sale revenue and gross profit - For the entire year, the company sells 450 units of inventory

What do you believe is the dominant diversity issue for : What do you believe is the dominant diversity issue for educators? For students? How can you, as an educational leader, assist your faculty in effectively

What is the identifying source with target : What is the identifying source with Target of the foreign exchange risk that is being hedged, including and identification of the foreign currency

What amount is included in bs employment income : annuallyB will drive the car 2.000 km per month of which 600 km will be for employment purposes What amount is included in B's employment income for tax purpose

What are the various stakeholders interests : What are the various stakeholders' interests? Would they support or oppose a requirement that Uber extend its insurance to cover the app- on gap?

Analysis and estimation of the sports technology market size : Analysis and estimation of the Sports Technology Market size and share for the projected period of 2022-2030 Extensive analysis of the key players of the market

Why is it important to have a clear and realistic timeline : Why is it important to have a clear and realistic timeline for implementing corporate governance requirements, in consultation with stakeholders

Analysis and estimation of the drone package delivery market : Analysis and estimation of the Drone Package Delivery Market size and share for the projected period of 2022-2030

User Account

All Pages