Maurice Tutor

(5)

$15/per page/Negotiable

About Maurice Tutor

Levels Tought:
Elementary,Middle School,High School,College,University,PHD

Expertise:
Algebra,Applied Sciences See all
Algebra,Applied Sciences,Biology,Calculus,Chemistry,Economics,English,Essay writing,Geography,Geology,Health & Medical,Physics,Science Hide all
Teaching Since: May 2017
Last Sign in: 401 Weeks Ago, 3 Days Ago
Questions Answered: 66690
Tutorials Posted: 66688

Education

  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

Experience

  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 10 Aug 2017 My Price 4.00

Lindsey Cartwell

At the beginning of 2012, Lindsey Cartwell had a -0- basis in her 43 shares of stock in Blackstone, an S corporation. Originally, Lindsey had paid $53 per share. In an earlier year, Lindsey loaned Blackstone $5,000, but by the beginning of 2012, Lindsey’s basis in the note was -0-. Lindsey also has an $8,000 ordinary loss carryforward from Blackstone that she has not been able to deduct because of the basis limitation. By the end of 2012, Lindsey was notified that Blackstone was bankrupt and would be defaulting on its debt to her. Lindsey’s 43 shares in Blackstone are worthless. Lindsey wants to know how much she can deduct on her 2012 return.

Answers

Maurice Tutor
(5)
Status NEW Posted 10 Aug 2017 12:08 PM My Price 4.00

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