subject
Business, 23.04.2021 21:30 nshtxacg

Mr. and Mrs. Palio celebrated the birth of their third child on November 18. Required: Compute the effect of this event on their tax liability, assuming that their AGI was $101,400, and their taxable income before considering the new dependent was $82,200. Compute the effect of this event on their tax liability, assuming that their AGI was $424,000, and their taxable income before considering the new dependent was $357,000. Compute the effect of this event on their tax liability, assuming that their AGI was $842,000, and their taxable income before considering the new dependent was $726,000. Assume the taxable year is 2020.

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 21:00
Haley photocopying purchases a paper from an out-of-state vendor. average weekly demand for paper is 150 cartons per week for which haley pays $15 per carton. in bound shipments from the vendor average 1000 cartoons with an average lead time of 3 weeks. haley operates 52 weeks per year; it carries a 4-week supply of inventory as safety stock and no anticipation inventory. the vendor has recently announced that they will be building a faculty near haley photocopying that will reduce lead time to one week. further, they will be able to reduce shipments to 200 cartons. haley believes that they will be able to reduce safety stock to a 1-week supply. what impact will these changes make to haley’s average inventory level and its average aggregated inventory value?
Answers: 1
question
Business, 23.06.2019 02:50
Camping gear, inc. had 500 units of inventory on hand at the end of the year. these were recorded at a cost of $ 13 each using the lastminusin, firstminusout (lifo) method. the current replacement cost is $ 9 per unit. the selling price charged by camping gear, inc. for each finished product is $ 14. as a result of recording the adjusting entry as per the rule, the gross profit will
Answers: 2
question
Business, 23.06.2019 05:30
When conducting a swot analysis, information about turnover, profit margins, and staff quality can be used to identify:
Answers: 1
question
Business, 23.06.2019 08:30
Ryan receives an e-mail that states the internet is being cleaned up and that he should leave his computer powered-off for 24 hours after receipt of this message. after careful review of the message contents and verifying the information with the desk he realizes this is:
Answers: 2
You know the right answer?
Mr. and Mrs. Palio celebrated the birth of their third child on November 18. Required: Compute the e...
Questions
question
Mathematics, 09.12.2020 06:10
question
English, 09.12.2020 06:10
question
Mathematics, 09.12.2020 06:10
question
Mathematics, 09.12.2020 06:10
question
History, 09.12.2020 06:10
Questions on the website: 13722363