subject
Business, 06.10.2019 10:00 blackjack73

L. a. and paula file as married taxpayers. in august of this year, they received a $5,340 refund of state income taxes that they paid last year. how much of the refund, if any, must l. a. and paula include in gross income under the following independent scenarios? assume the standard deduction last year was $24,000. (leave no answer blank. enter zero if applicable.) problem 5-52 part a a. last year l. a. and paula had itemized deductions of $37,220, and they chose to claim the standard deduction.

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 22:50
Which of the following statements is true? a job costing system will have a separate work in process account for each of the major processes. a process costing system will have a single work in process account. a process costing system will have a separate raw materials account for each of the major processes. a process costing system will have a separate work in process account for each of the major processes.
Answers: 3
question
Business, 22.06.2019 09:30
The 39 percent and 38 percent tax rates both represent what is called a tax "bubble." suppose the government wanted to lower the upper threshold of the 39 percent marginal tax bracket from $335,000 to $208,000. what would the new 39 percent bubble rate have to be? (do not round intermediate calculations. enter your answer as a percent rounded to 2 decimal places,e.g., 32.16.)
Answers: 3
question
Business, 22.06.2019 12:50
Kendrick is leaving his current position at a company, and charlize is taking over. kendrick set up his powerpoint for easy access for himself. charlize needs to work in the program that is easy for her to use. charlize should reset advanced options
Answers: 3
question
Business, 22.06.2019 13:10
Trey morgan is an employee who is paid monthly. for the month of january of the current year, he earned a total of $4,538. the fica tax for social security is 6.2% of the first $118,500 earned each calendar year, and the fica tax rate for medicare is 1.45% of all earnings for both the employee and the employer. the amount of federal income tax withheld from his earnings was $680.70. his net pay for the month is .
Answers: 1
You know the right answer?
L. a. and paula file as married taxpayers. in august of this year, they received a $5,340 refund of...
Questions
question
History, 28.06.2019 15:00
question
Biology, 28.06.2019 15:00
Questions on the website: 13722367