subject
Business, 08.10.2019 02:00 Jana1517

Marc and michelle are married and earned salaries this year of $64,000 and $12,000, respectively. in addition to their salaries, they received interest of $350 from municipal bonds and $500 from corporate bonds. marc contributed $2,500 to an individual retirement account, and marc paid alimony to a prior spouse in the amount of $1,500. marc and michelle have a 10-year-old son, matthew, who lived with them throughout the entire year. thus, marc and michelle are allowed to claim a $2,000 child tax credit for matthew. marc and michelle paid $6,000 of expenditures that qualify as itemized deductions and they had a total of $5,500 in federal income taxes withheld from their paychecks during the course of the year. (use the tax rate schedules.)

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 07:30
Most states have licensing registration requirements for child care centers and family daycare homes. these usually include minimum standard for operation. which of the following would you most likely find required in a statement of state licensing standards for child care centers?
Answers: 2
question
Business, 22.06.2019 09:40
You plan to invest some money in a bank account. which of the following banks provides you with the highest effective rate of interest? hint: perhaps this problem requires some calculations. bank 1; 6.1% with annual compounding. bank 2; 6.0% with monthly compounding. bank 3; 6.0% with annual compounding. bank 4; 6.0% with quarterly compounding. bank 5; 6.0% with daily (365-day) compounding.
Answers: 3
question
Business, 22.06.2019 21:30
The adjusted trial balance for china tea company at december 31, 2018, is presented below:
Answers: 1
question
Business, 23.06.2019 04:50
According to fiedler, in situations that are very unfavorable for the leader, it would be wise to choose someone who: a. is task oriented. b. is likely to engage in behaviors that are classified as consideration behaviors. c. has a low lpc score. d. has a high lpc score.
Answers: 1
You know the right answer?
Marc and michelle are married and earned salaries this year of $64,000 and $12,000, respectively. in...
Questions
question
Mathematics, 05.02.2021 16:30
question
Arts, 05.02.2021 16:30
question
Mathematics, 05.02.2021 16:30
question
Mathematics, 05.02.2021 16:30
Questions on the website: 13722361