subject
Business, 30.10.2021 14:00 timozy95

the itemized deductions of taxpayers in high-income brackets will be limited to the lesser of 6% of the excess of adjusted gross income over the threshold amount or 80% of the amount of itemized deductions otherwise allowable for the tax year. For 2020, the California threshold is what amount for a single taxpayer

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 18:00
Abc company currently pays a dividend of $2.15 per share, d0=2.15. it is estimated that the company’s dividend will grow at a rate of 30 percent per year for the next 3 years, then the dividend will grow at a constant rate of 7 percent thereafter. the market rate of return is 9 percent. what would you estimate is the stock’s current price?
Answers: 3
question
Business, 22.06.2019 06:00
When an interest-bearing note comes due and is uncollectible, the journal entry includes debitingaccounts receivable and crediting notes receivable and interest revenue.accounts receivable and crediting interest revenue.notes receivable and crediting accounts receivable and interest revenue.notes receivable and crediting accounts receivable.
Answers: 3
question
Business, 22.06.2019 09:40
The relationship requirement for qualifying relative requires the potential qualifying relative to have a family relationship with the taxpayer. t or fwhich of the following is not a from agi deduction? a.standard deductionb.itemized deductionc.personal exemptiond.none of these. all of these are from agi deductions
Answers: 3
question
Business, 22.06.2019 14:40
Increases in output and increases in the inflation rate have been linked to
Answers: 2
You know the right answer?
the itemized deductions of taxpayers in high-income brackets will be limited to the lesser of 6% of...
Questions
question
Mathematics, 18.11.2020 20:30
question
Social Studies, 18.11.2020 20:30
question
English, 18.11.2020 20:30
question
Biology, 18.11.2020 20:30
question
Mathematics, 18.11.2020 20:30
Questions on the website: 13722359