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NEW QUESTION: 1
Ryan, age 57, is single with no dependents. On July 1, 1997, Ryan's principal residence was sold for the
net amount of $500,000 after all selling expenses. Ryan bought the house in 1963 and occupied it until
sold. On the date of sale, the house had a basis of $180,000. Ryan does not intend to buy another
residence. What is the maximum exclusion of gain on sale of the residence that may be claimed in Ryan's
1 997 income tax return?
A. $125,000
B. $0
C. $250,000
D. $320,000
Answer: C
Explanation:
Explanation
Choice "b" is correct. $250,000 maximum exclusion from taxable income.
Rule: An individual may exclude from income up to $250,000 gain provided that the property was the
taxpayer's primary residence for 2 of the last 5 years. Married taxpayers may exclude gains up to
$ 500,000.
Choice "a" is incorrect. $320,000. Ryan, age 57, was not married. Thus, his exclusion was limited to
$ 250,000.
Choice "c" is incorrect. The $125,000 exclusion was old law and eliminated for sales after 5/6/97.
Choice "d" is incorrect, per the above rule.

NEW QUESTION: 2

A. spanning-tree backbonefast
B. spanning-tree mode mst
C. spanning-tree mode rapid-pvst
D. spanning-tree uplinkfast
Answer: C
Explanation:
Rapid Spanning Tree Protocol (RSTP) is an enhancement of the original STP 802.1D protocol.
The RSTP 802.1w protocol is an IEEE open implementation.
Cisco has its own proprietary implementation of RSTP, that includes the benefits of its Per-VLAN spanning tree protocols, called Rapid-PVST+. To activate the Rapid-PVST+ protocol: switch(config)#spanning-tree mode rapid-pvst

NEW QUESTION: 3
IP 地址 125.1.1.1 对应的自然分类网段的广播地址为 ____________ 。
Answer:
Explanation:
125.255.255.255