Unit3IndividualProject AssignmentDetails AssignmentDescription JamesWelling,a37yearoldengineerhasanappointmenttomeetyouinaboutanhour.Asyouarereviewinghisaccounts,younoticethatheisafairlyactivetrader.He seemstodoprettywellwithreturnsthatoutpacetheaverages,butyoucan'thelpwonderhowmuchheendsuppayingeachyearincapitalgainstaxes. Ashisappointmenttimeapproaches,youprepareashortexplanationofthewaythatcapitalgainstaxesmaybehurtinghisnetreturnsandthedifferencebetweenshortterm gainsandlongtermgains. Preparesomedetaileddiscussionpointsthatcoverthefollowing: 1. HowcapitalgainstaxesmaybehurtingJames'netreturns. 2. Thedifferencebetweenshorttermgainsandlongtermgains. Pleasesubmityourassignment. Yourassignmentwillbegradedinaccordancewiththefollowingcriteria.Clickheretoviewthegradingrubric. Forassistancewithyourassignment,pleaseuseyourtext,Webresources,andallcoursematerials. ReadingAssignment Popeetal.,ChaptersIN3,IN4,IN5,IN6andIN7
12:54 PM (CST) Privacy Policy Terms of Use About Our Ads Contact Us © 2018 American InterContinental University. All Rights Reserved. Authorized Users Only. Unit 3 Individual Project Assignment Details Assignment Description James Welling, a 37yearold engineer has an appointment to meet you in about an hour. As you are reviewing his accounts, you notice that he is a fairly active trader. He seems to do pretty well with returns that outpace the averages, but you can't help wonder how much he ends up paying each year in capital gains taxes. As his appointment time approaches, you prepare a short explanation of the way that capital gains taxes may be hurting his net returns and the difference between short term gains and longterm gains. Prepare some detailed discussion points that cover the following: 1. How capital gains taxes may be hurting James' net returns. 2. The difference between shortterm gains and longterm gains. Please submit your assignment. Your assignment will be graded in accordance with the following criteria. Click here to view the grading rubric. For assistance with your assignment, please use your text, Web resources, and all course materials. Reading Assignment Pope et al., Chapters IN3, IN4, IN5, IN6 and IN7 Assignment Objectives Calculate the amount of taxable income and income tax due for a typical individual taxpayer Differentiate the sources of income that are typically included and excluded in the determination of individual taxable income Other Information There is no additional information to display at this time. Legend Extra Credit View Assignment Rubric Assignment Overview Type: Individual Project Unit: Individual Income and Deductions Due Date: Tue, 2/20/18 Grading Type: Numeric Points Possible: 100 Points Earned: 0 Deliverable Length: 150 word minimum Go To: Assignment Details Learning Materials Reading Assignment My Work: Online Deliverables: Submissions