A married couple purchased their principal residence for USD300,000. They spent USD40,000 on improvements. After living in it for 10 years, the couple sold the home for USD650,000 and paid USD36,000 in real estate commissions. What gain should the couple recognize on their joint return?

1 .A taxpayer is trading in an automobile used solely for business purposes for another automobile to be used in his business. The automobile originally cost USD35,000 and he has taken USD18,000 in depreciation. The old automobile is currently worth USD20,000 and the new automobile the taxpayer wants in exchange is only worth USD17,500. The taxpayer agrees to assume a liability secured by the new auto of USD1,000. The other party also agrees to assume a liability secured by the taxpayer's old auto of USD3,500. What is the gain or loss recognized by the taxpayer on this transaction?

A USD2,500 gain. B USD3,000 gain. C USD0 D USD3,500 gain.

题型: 单选题 提问时间: 2021-08-24

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2 .客户可以通过个人贷款业务服务中心、声讯电话、网上银行、电话银行办理个人贷款业务。（　）

Y 对 N 错

题型: 判断题 提问时间: 2021-08-24

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3 .个人抵押授信贷款没有明确指定使用用途，因此贷款不需要提供用途证明。（　）

Y 对 N 错

题型: 判断题 提问时间: 2021-08-24

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4 .Wynn, a single individual age 60, sold Wynn's personal residence for USD450,000. Wynn had owned Wynn's residence, which had a basis of USD250,000, for six years. Within eight months of the sale, Wynn purchased a new residence for USD400,000. What is Wynn's recognized gain from the sale of Wynn's personal residence?

A USD200,000 B USD50,000 C USD0 D USD75,000

题型: 单选题 提问时间: 2021-08-24

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5 .个人汽车贷款是指贷款人向个人借款人发放的用于购买自用车的贷款。（　）

Y 对 N 错

题型: 判断题 提问时间: 2021-08-24

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7 .采用抵押担保方式的个人经营贷款的贷款金额最高不超过抵押物价值的80%。（　）

Y 对 N 错

题型: 判断题 提问时间: 2021-08-24

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8 .信用卡发放后，无论是否激活，都要开始收费。（　）

Y 对 N 错

题型: 判断题 提问时间: 2021-08-24

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9 .David Dickens sold a piece of land on an installment sale basis to Chuck Quarters on October 1, Year 1. David's basis in the land was USD150,000 and Chuck purchased it for USD1,500,000; payable in three annual installments of USD500,000 on Dec. 31, Year 1, Year 2 and Year 3. How much gain should David report in his Year 1 tax return?

A USD1,500,000 B USD500,000 C USD1,350,000 D USD450,000

题型: 单选题 提问时间: 2021-08-24

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10 .Upon her grandfather's death, Jordan inherited 10 shares of Universal Corp. stock that had a fair market value of USD5,000. Her grandfather acquired the shares in 1995 for USD2,500. Four months after her grandfather's death, Jordan sold all her shares of Universal for USD7,500. What was Jordan's recognized gain in the year of sale?

A USD5,000 long-term capital gain. B USD2,500 short-term capital gain. C USD5,000 short-term capital gain. D USD2,500 long-term capital gain.

题型: 单选题 提问时间: 2021-08-24

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