Determine the hillary income

Assignment Help Accounting Basics

Reference no: EM13148746

Bill and Hillary, husband and wife, file separate returns. Bill and Hillary live in a community property state that considers separate property income to be community income. Bill's salary is $36,000 and Hillary's salary is $32,000. Hillary receives dividend income of $4,000 from stock inherited from her parents. Bill receives interest income of $5,000 from bonds purchased with his salary after marriage. Bill and Hillary receive $10,000 dividend income from stock they purchased jointly. Hillary's income would be ??

Reference no: EM13148746

Questions Cloud

Determine which phenotype is dominant : Determine which phenotype is dominant and explain the ratios observed with regards to the genotypes of the parents in each cross.

What is the probability that fewer than cars will need : What is the probability that more than 200 cars will require service work in a particular month? B. What is the probability that fewer than 175 cars will need service work in a given month?

How many moles of ethylene glycol should be added : how many moles of ethylene glycol should be added to the radiator to lower the freezing point of the water from 0 degrees celcius to -18 degrees celcius?

Write down the cross and explain the final results : In dogs, dark coat (D) is dominant over albino (d) and short hair (S) is dominant over long hair (s). After crossing dogs with dark and short hair with albino dogs with long hair, in F2 a breeder got 89 dogs with dark and short hair, 31 dark, long..

Determine the hillary income : Bill receives interest income of $5,000 from bonds purchased with his salary after marriage. Bill and Hillary receive $10,000 dividend income from stock they purchased jointly. Hillary's income would be ??

What concerns might you have about such an approach : The economy has recently turned around, and one of your colleagues suggests that you could hire 25 people for $50,000 per employee to do the sales job as independent agents at a cost of goods sold (COGS) of only 0.5%. What concerns might you have abo..

Total obligation under capital leases : The present value at December 31, 2011 of the eight lease payments over the lease term discounted at 10% is $1,173,685. Assuming all payments are made on time, the amount that should be reported by Lang Corporation as the total obligation under ca..

Find probability that randomly selected jar will have fill : Estimate the probability that a randomly selected jar will have a fill, x, that is out of specification. Assume that the process is in control and that the population of all jar fills is normally distributed.

For what proportion of these corporations the rate of return : For what proportion of these corporations the rate of return negative? C. For what proportion of these corporation was the rate of return between 5% and 15%?

User Account

All Pages