User Account

All Pages

What is the minimum amount of income

Assignment Help Accounting Basics
Reference no: EM132632814

Problem - Ben is a single taxpayer with no dependents and is 32 years old. What is the minimum amount of income that he must have to be required to file a tax return for 2019?

a. $4,200

b. $12,700

c. $12,000

d. $12,200

e. None of the above

Reference no: EM132632814

Questions Cloud

What is Arthur standard deduction : Arthur is 65 years old and single. He supports his father, who is 90 years old, blind, and has no income. What is Arthur's standard deduction
Determined to implement restorative justice model : You are determined to implement a restorative justice model in order to effect positive changes in public safety and quality of life.
Find the amount of the combined child tax credit : They also provide all the support for Howie's 82-year-old mother, who lives in a nursing home nearby. Find the amount of the combined child tax credit
Logical models and logframes : The best way to learn the uses and limitations of logic models and logframes is to apply these to actual or proposed programs.
What is the minimum amount of income : Ben is a single taxpayer with no dependents and is 32 years old. What is the minimum amount of income that he must have to be required to file a tax return
What taxable income will ramon show : Ramon, a single taxpayer with no dependents, has adjusted gross income for 2019 of $98,000. What taxable income will Ramon show in 2019
Describe the process of deciding supreme court case : Discuss the relevant issues of this case. Identify the Constitutional issue and describe the process of deciding a Supreme Court case.
Describe the great law of pennsylvania : Describe "The Great Law" of Pennsylvania and note its importance. Distinguish the basic assumptions of the penitentiary systems of Pennsylvania and New York
What is Erin amount realized : Erin purchased stock in JKL Corporation several years ago for $8,750. How is the gain or loss treated for tax purposes (if any)? What is Erin amount realized

Reviews

Write a Review

Accounting Basics Questions & Answers

  What disclosures does the company make about liquidity

What disclosures does the company make about liquidity in the 10-K? Identify the significant items in cash flows from investing activities.

  Record entries for the given transactions

Furr Company has 100 million shares of $1 par common stock authorized. Required: Record entries for the above transactions

  Identify which series is fixed variable and step-wise

Following are five series of costs A through E measured at various volume levels. Examine each series and identify which is fixed, variable, mixed, step-wise.

  What is the minimum transfer price

Fixed cost per unit of component is $50. What is the minimum transfer price if the division is operating below its capacity

  Compute donaldson total wages and fringe benefits

Assume that Bringer of Rain Inc. treats all fringe benefits as part of manufacturing overhead. Compute Donaldson's total wages and fringe benefits

  Duckhorn housecleaning provides housecleaning services to

duckhorn housecleaning provides housecleaning services to its clients. the company uses an activity-based costing

  Assume that apple has received a special order from a

assume that apple has received a special order from a retailer for 1000 specially outfitted imacs. this is a one-time

  Determine the companys margin of safety

Determine the break-even point in sales units and the break-even point in sales units if the company desires a target profit of $25,000 - Determine the companys margin of safety

  Compute loon taxable income for the year

During the year, Loon Corporation has the following transactions: $400,000 operating income; Compute Loon's taxable income for the year

  Critically examine the australian accounting standard

HI6025 - Accounting Theory and Current Issues - Accounting for Lease: A Critical Review - Holmes Institute - Critical evaluation of the old accounting standard

  Notes to the financial statements

Reading the notes to the financial statements, as well as the balance sheet, post information about the Accounts Receivable for your company. Who owes the company money?

  What are the new financial goals

What are the new financial goals. Describe (3) ways you will invest in your future based on the principles of finance discussed in this course.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd