Business, 18.12.2019 05:31 2021ehays

Charlie and samantha are resident aliens, married, and want to file a joint return. they have three children. harry is 8 years old and a resident alien. sherry is 3 years old and maria is 1 year old and both are u. s. citizens. all three children lived with their parents in the united states all year. charlie, samantha, and harry have individual taxpayer identification numbers (itins). sherry and maria have social security numbers. charlie earned $38,000 in wages and samantha earned $11,000 in wages. they had no other income. charlie and samantha provided all the support for their three children. maria and sherry attended daycare while charlie and samantha were at work. charlie and samantha did not receive benefits from a dependent care benefits plan or flexible spending account. the daycare center provided the collins with a statement indicating the amount of $5,150 paid during 2019. the statement included the provider's name, address, employer identification number, and phone number.

Answers: 2

Show answers

Another question on Business

Business, 22.06.2019 05:20

What are the general categories of capital budget scenarios? describe the overall decision-making context for each.

Answers: 3

Answer

Business, 22.06.2019 19:30

Exercise 4-9presented below is information related to martinez corp. for the year 2017.net sales $1,399,500 write-off of inventory due to obsolescence $80,440cost of goods sold 788,200 depreciation expense omitted by accident in 2016 43,600selling expenses 65,800 casualty loss 53,900administrative expenses 53,500 cash dividends declared 43,300dividend revenue 22,100 retained earnings at december 31, 2016 1,042,400interest revenue 7,420 effective tax rate of 34% on all items exercise 4-9 presented below is information relateexercise 4-9 presented below is information relate prepare a multiple-step income statement for 2017. assume that 61,500 shares of common stock are outstanding. (round earnings per share to 2 decimal places, e.g. 1.49.)prepare a separate retained earnings statement for 2017. (list items that increase retained earnings first.)

Answers: 2

Answer

Business, 22.06.2019 21:30

Which of the following best explains why online retail companies have an advantage over regular stores? a. their employees make less money because they mostly perform unskilled tasks. b. they are able to keep distribution costs low by negotiating deals with shipping companies. c. their transactions require expensive state-of-the-art technological devices. d. they have a larger number of potential customers because people anywhere can buy from them.

Answers: 1

Answer

Business, 23.06.2019 02:40

Sean lives in dallas and runs a business that sells boats. in an average year, he receives $722,000 from selling boats. of this sales revenue, he must pay the manufacturer a wholesale cost of $422,000; he also pays wages and utility bills totaling $268,000. he owns his showroom; if he chooses to rent it out, he will receive $2,000 in rent per year. assume that the value of this showroom does not depreciate over the year. also, if sean does not operate this boat business, he can work as a paralegal, receive an annual salary of $21,000 with no additional monetary costs, and rent out his showroom at the $2,000 per year rate. no other costs are incurred in running this boat business.identify each of sean's costs in the following table as either an implicit cost or an explicit cost of selling boats.implicit costexplicit costthe wages and utility bills that sean pays the rental income sean could receive if he chose to rent out his showroom the salary sean could earn if he worked as a paralegal the wholesale cost for the boats that sean pays the

Answers: 2

Answer

You know the right answer?

Charlie and samantha are resident aliens, married, and want to file a joint return. they have three...

Questions