Business, 28.01.2020 06:31, queenpaige2015

Mary won a $750 prize in a women’s club raffle in 2016. no income tax was withheld from the prize.

the key lime pie company provides carl with a company car to drive while he is working. the company spent $6,475 to maintain this vehicle during 2016. carl never uses the car for personal purposes. the key lime pie company also provides a cafeteria for all employees on the factory premises. other resturanet exist in the aera and so carl is not required to eat in the cafateria, but he typically does. the value of carl's meals is $650 in 2016.

required:
complete carl and mary’s federal tax return for 2016. use form 1040 on pages 2-53 and 2-54. make realistic assumptions about any missing data.

Answers: 1

Show answers

Other questions on the subject: Business

Business, 22.06.2019 14:40, robert7248

Which of the following statements about revision is most accurate? (a) you must compose first drafts quickly (sprint writing) and return later for editing. (b) careful writers always revise as they write. (c) revision is required for only long and complex business documents. (d) some business writers prefer to compose first drafts quickly and revise later; others prefer to revise as they go.

Answers: 3

continue

Business, 22.06.2019 19:00, karmaxnagisa20

By 2020, automobile market analysts expect that the demand for electric autos will increase as buyers become more familiar with the technology. however, the costs of producing electric autos may increase because of higher costs for inputs (e. g., rare earth elements), or they may decrease as the manufacturers learn better assembly methods (i. e., learning by doing). what is the expected impact of these changes on the equilibrium price and quantity for electric autos?

Answers: 1

continue

Business, 22.06.2019 19:30, kenz2797

Nextdoor is an instant messaging application for smartphones. new smartphone users find it easier to connect with friends and relatives through this mobile app when compared to other similar instant messaging applications. hence, it has the largest user base in the industry. thus, nextdoor app's value has increased primarily due to itsa. learning curve effects. b. economies of scale. c. economies of scope. d. network effects.

Answers: 2

continue

Business, 23.06.2019 02:40, gesic2003

Peter, the marketing manager of a company that manufactures church furniture, has been given the job of increasing corporate profits by five percent during the upcoming year. peter decided to give his assistant the full responsibility and authority for developing a mailing campaign to target churches in an entire state. in other words, peter has

Answers: 1

continue

Do you know the correct answer?

Mary won a $750 prize in a women’s club raffle in 2016. no income tax was withheld from the prize.