Business
Business, 19.03.2020 09:06, iwannasleep

In 2019, Amanda and Jaxon Stuart have a daughter who is 1 year old. The Stuarts are full-time students and they are both 23 years old. Their only sources of income are gains from stock they held for three years before selling and wages from part-time jobs.
What is their earned income credit in the following alternative scenarios if they file jointly?
a. Their AGI is $15,000, consisting of $5,000 of capital gains and $10,000 of wages.
b. Their AGI is $15,000, consisting of $10,000 of lottery winnings (unearned income) and $5,000 of wages.
c. Their AGI is $28,600, consisting of $22,400 of wages and $6,200 of lottery winnings (unearned income). (Round your intermediate calculations to the nearest whole dollar amount.)
d. Their AGI is $28,600, consisting of $6,200 of wages and $22,400 of lottery winnings (unearned income).
e. Their AGI is $10,000, consisting of $10,000 of lottery winnings (unearned income).

answer
Answers: 2

Other questions on the subject: Business

image
Business, 22.06.2019 01:30, josehernamdez3035
Ben collins plans to buy a house for $166,000. if the real estate in his area is expected to increase in value by 2 percent each year, what will its approximate value be five years from now?
Answers: 1
image
Business, 22.06.2019 08:00, lizisapenguin
Why do police officers get paid less than professional baseball players?
Answers: 2
image
Business, 22.06.2019 19:40, jair512872
Lauer corporation uses the periodic inventory system and has provided the following information about one of its laptop computers: date transaction number of units cost per unit 1/1 beginning inventory 210 $ 910 5/5 purchase 310 $ 1,010 8/10 purchase 410 $ 1,110 10/15 purchase 255 $ 1,160 during the year, lauer sold 1,025 laptop computers. what was cost of goods sold using the lifo cost flow assumption?
Answers: 1
image
Business, 22.06.2019 21:10, cece3467
Kinc. has provided the following data for the month of may: inventories: beginning ending work in process $ 17,000 $ 12,000 finished goods $ 46,000 $ 50,000 additional information: direct materials $ 57,000 direct labor cost $ 87,000 manufacturing overhead cost incurred $ 63,000 manufacturing overhead cost applied to work in process $ 61,000 any underapplied or overapplied manufacturing overhead is closed out to cost of goods sold. the adjusted cost of goods sold that appears on the income statement for may is:
Answers: 3
Do you know the correct answer?
In 2019, Amanda and Jaxon Stuart have a daughter who is 1 year old. The Stuarts are full-time studen...

Questions in other subjects:

Konu
Mathematics, 26.10.2020 20:00
Konu
Chemistry, 26.10.2020 20:00