Business
Business, 28.05.2021 16:30, yrodrig13

How many dependency exemptions are the following taxpayers entitled to, assuming the people involved are U. S. citizens? Which dependents qualify for the child credit? a. Andrew supports his cousin Mary, who does not live with him. Mary has no income and is single
b. Bob and Ann are filing a joint return. Bob provided over one-half of his father's support. The father received Social Security benefits of $6,000 and taxable interest income of $800 (the Social Security benefits are wholly tax-exempt in this situation). The father is single and does not live with them.
c. Clay provides 60% of his single daughter’s support. She earned $3,000 while attending school during the year as a full-time student. She is 22 years old.
d. Dave provided 30% of his mother’s support and she provided 55% of her own support. Dave’s brother provided the remainder. The brother agreed to sign a multiple support agreement.

answer
Answers: 2

Other questions on the subject: Business

image
Business, 22.06.2019 02:00, nayelycuencax
4. suppose that pollution in a neighborhood comes from two factories, with marginal benefit curves given by mb1 = 12 – p1 and mb2 = 8 – p2. the level of pollution in the neighborhood is given by p = p1 + p2. the government wants to limit pollution by instituting a pollution-rights market. the government’s desired level of p is 10, so it prints 10 pollution rights and offers them for sale to the firms. a)find the equilibrium selling price of a pollution right, as well as the allocation of rights (and hence pollution levels) across the two factories. b)repeat part (a) for the case where the government’s desired level of pollution equals 14. c)comment on the usefulness of a pollution rights market in achieving efficient levels of pollution abatement.
Answers: 2
image
Business, 22.06.2019 18:20, fantasticratz2
Principals are an administration career
Answers: 2
image
Business, 22.06.2019 20:20, laidbackkiddo412
Tl & co. is following a related-linked diversification strategy, and soar inc. is following a related-constrained diversification strategy. how do the two firms differ from each other? a. soar inc. generates 70 percent of its revenues from its primary business, while tl & co. generates only 10 percent of its revenues from its primary business. b. soar inc. pursues a backward diversification strategy, while tl & co. pursues a forward diversification strategy. c. tl & co. will share fewer common competencies and resources between its various businesses when compared to soar inc. d. tl & co. pursues a differentiation strategy, and soar inc. pursues a cost-leadership strategy, to gain a competitive advantage.
Answers: 3
image
Business, 22.06.2019 21:00, sofiaisabelaguozdpez
Roberto and reagan are both 25 percent owner/managers for bright light inc. roberto runs the retail store in sacramento, ca, and reagan runs the retail store in san francisco, ca. bright light inc. generated a $125,000 profit companywide made up of a $75,000 profit from the sacramento store, a ($25,000) loss from the san francisco store, and a combined $75,000 profit from the remaining stores. if bright light inc. is an s corporation, how much income will be allocated to roberto?
Answers: 2
Do you know the correct answer?
How many dependency exemptions are the following taxpayers entitled to, assuming the people involved...

Questions in other subjects:

Konu
Social Studies, 02.10.2021 14:00
Konu
Mathematics, 02.10.2021 14:00
Konu
Mathematics, 02.10.2021 14:00