subject
Business, 03.02.2020 20:00 moniquejg1800

Archie is itemizing deductions on his federal income tax return and had $1700 in non-reimbursed work expenses last year. if his agi was $48000, and is non-reimbursed work expenses are deducted to the extent that they exceed 2% of a taxpayer's agi, how much can archie deduct for non-reimbursed work expenses? a. $1666 b.$740 c.$34 d.960

ansver
Answers: 1

Other questions on the subject: Business

image
Business, 22.06.2019 11:30, ninaa8748
When the amount for land is 36,000 and the amount paid for expenses is 10,000, the balance of total asset is
Answers: 2
image
Business, 22.06.2019 19:30, kylierice1
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
image
Business, 22.06.2019 20:00, payshencec21
Ajax corp's sales last year were $435,000, its operating costs were $362,500, and its interest charges were $12,500. what was the firm's times-interest-earned (tie) ratio? a. 4.72b. 4.97c. 5.23d. 5.51e. 5.80
Answers: 1
image
Business, 22.06.2019 21:00, diablo871
Frost corporation incurred the following transactions during its first year of operations. (assume all transactions involve cash.) 1) acquired $1,900 of capital from the owners. 2) purchased $435 of direct raw materials. 3) used $290 of these direct raw materials in the production process. 4) paid production workers $490 cash. 5) paid $290 for manufacturing overhead (applied and actual overhead are the same). 6) started and completed 250 units of inventory. 7) sold 140 units at a price of $6 each. 8) paid $130 for selling and administrative expenses. the amount of raw material inventory on the balance sheet at the end of the accounting period would be:
Answers: 3
You know the right answer?
Archie is itemizing deductions on his federal income tax return and had $1700 in non-reimbursed work...

Questions in other subjects:

Konu
History, 20.10.2020 22:01
Konu
Mathematics, 20.10.2020 22:01
Konu
Mathematics, 20.10.2020 22:01