subject
Business, 11.02.2021 22:10 savannahvargas512

Determine the number of personal and dependency exemptions in each of the following independent situations. a. Leo and Amanda (ages 48 and 46) are husbandand wife and furnish more than 50% of the support of their twochildren, Elton (age 18) and Trista (age 24). During the year, Elton earns $4,500 providing transportation for elderly personswith disabilities, and Trista receives a $5,000 scholarship fortuition at the law school she attends.

b. Audry (age 65) is divorced and lives alone. Shemaintains a household in which her ex-husband, Clint, and hismother, Olive, live and furnishes more than 50% of their support. Olive is age 82 and blind.
c. Jacque (age 52) furnishes more than 50% of thesupport of his married daughter, Carin, and her husband, Pierce, who live with him. Both Carin and Pierce are age 18. During theyear, Pierce earned $4,000 from a part-time job. All parties livein New York ( a common law state).
d. Assume that same facts as in (c ), except that allparties live in Nevada ( a community property state).

ansver
Answers: 3

Another question on Business

question
Business, 21.06.2019 19:10
The development price itself is such a huge barrier, it's just a very different business model than boeing's used to. our huge development programs are typically centered around commercial airplanes, military aircraft, where there is a lot of orders. and right now the foundation of the business is two bites a year.
Answers: 3
question
Business, 22.06.2019 03:30
Sarah salesrep is brand new to her job selling "lifetime" printers that never need replacement ink cartridges. the problem is that these printers cost ten times more than a regular printer, so it is difficult to get prospective buyers to understand the cost savings of buying it. to break through the barrier and begin making sales, sarah should use a analysis that highlights her printer's lower cost.
Answers: 3
question
Business, 22.06.2019 05:00
You are chairman of the board of a successful technology firm. there is a nominal federal corporate tax rate of 35 percent, yet the effective tax rate of the typical corporation is about 12.6%. your firm has been clever with use of transfer pricing and keeping money abroad and has barely paid any taxes over the last 5 years; during this same time period, profits were $28 billion. one member of the board feels that it is un-american to use various accounting strategies in order to avoid paying taxes. others feel that these are legal loopholes and corporations have a fiduciary responsibility to minimize taxes. one board member quoted what the ceo of exxon once said: “i’m not a u.s. company and i don’t make decisions based on what’s good for the u.s.” what are the alternatives? what are your recommendations? why do you recommend this course of action?
Answers: 2
question
Business, 22.06.2019 11:50
What is marketing’s contribution to the new product development team? a. technical expertise needed to translate designs into an actual product/service. b. deep customer insight that leads to product ideas. c. ability to assess financial viability d. feedback on design as well as how customers will actually use the product e. technical expertise needed to translate concepts into product/service designs.
Answers: 2
You know the right answer?
Determine the number of personal and dependency exemptions in each of the following independent situ...
Questions
question
Mathematics, 23.02.2021 20:20
question
Mathematics, 23.02.2021 20:20