Reference no: EM13215216
1) Tax Forms and Filing Status. Which tax form is used by the following individuals?
a. Anita is single, age 68, and has a salary of $22,000 and interest of $300.
b. Betty owns an apartment complex that produced rental income of $36,000. Expenses totaled $38,500.
c. Clay's wife died last year. He qualifies as a surviving spouse. His salary is $24,000.
d. Donna is a head of household. Her salary is $27,000 and she has $200 of interest income.
2) John R. Lane (SSN 123-44-6666) lives at 1010 Ipsen Street, Yorba Linda, California 90102. John, a single taxpayer, age 66, provided 100% of his cousin's support. The cousin lives in Arizona. He wants to take advantage of the presidential election campaign check-off. John is an accountant. Other relevant information includes:
Salary $20,000
Taxable Pension 31,000
Interest income 300
IRA deduction 5,000
Itemized deductions (from Schedule A) 8,000
Withholding 6,000
Assume that Schedule A, if necessary, has already been completed. Complete Form 1040.
|
Explain what would be the amount of the equity
: Based on your answer in (c), what would be the amount of the equity up front that you would have to give up in order to obtain LipLife's original venture capital investment?
|
|
Hat does mbsa do to check for weak local account passwords
: hat does MBSA do to check for weak local account passwords?
|
|
Clarify the difference between vulnerabilities and threats
: Summarize the primary vulnerabilities and potential threats that exist for GITI related to the practice of storing sensitive data on laptops. Use your answer to clarify the difference between vulnerabilities and threats.
|
|
How much should kim co record as the cost of goods
: Kim Co. purchased goods with a list price of $180,300, subject to trade discounts of 20% and 10%, with no cash discounts allowable. How much should Kim Co. record as the cost of these goods
|
|
Determine which tax form is used by the individuals
: John R. Lane (SSN 123-44-6666) lives at 1010 Ipsen Street, Yorba Linda, California 90102. John, a single taxpayer, age 66, provided 100% of his cousin's support. The cousin lives in Arizona. He wants to take advantage of the presidential election ..
|
|
Investigate and discuss how data is structured
: Choose any two of the problem areas and discuss in detail how the database approach solves the problem when compared to alternative approaches.
|
|
Explain the bond its yield-to-maturity has decreased
: A bond with annual coupon rate of 5.10% and price of $1,090 just yesterday paid a coupon. A total of 23 coupons remain to be paid. Suppose you buy the bond at today's price, hold it and receive 8 coupons
|
|
Describe how the referential integrity restrict
: Describe how the referential integrity restrict, cascade, and set-to-null delete rules operate in a relational database
|
|
What three functions are the most important
: DBMS has many functions. What three functions are the most important and why are they most important?
|