Business, 30.10.2019 22:31 EbonyMontricee
Bob and carol file their tax returns using the married filing jointly status. their agi is $132,500. they have two children, ages 11 and 7. how much child tax credit can bob and carol claim for their two children? a. $0b. $850c. $875d. $1,150e. none of the above is correct.
Answers: 1
Business, 22.06.2019 11:10, flippinhailey
Suppose that the firm cherryblossom has an orchard they are willing to sell today. the net annual returns to the orchard are expected to be $50,000 per year for the next 20 years. at the end of 20 years, it is expected the land will sell for $30,000. calculate the market value of the orchard if the market rate of return on comparable investments is 16%.
Answers: 1
Business, 22.06.2019 20:10, janayflowers042
Russell's is considering purchasing $697,400 of equipment for a four-year project. the equipment falls in the five-year macrs class with annual percentages of .2, .32, .192, .1152, .1152, and .0576 for years 1 to 6, respectively. at the end of the project the equipment can be sold for an estimated $135,000. the required return is 13.2 percent and the tax rate is 23 percent. what is the amount of the aftertax salvage value of the equipment assuming no bonus depreciation is taken
Answers: 2
Bob and carol file their tax returns using the married filing jointly status. their agi is $132,500....
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