subject
Business, 26.02.2021 08:00 seanisom7

Donny and Marie are married electing to file jointly. Their AGI is $67,500. They want to know if they should itemize deductions on Schedule A or claim the Standard Deduction. They ARE NOT over 65 or legally blind. They provide you with the following facts: TOTAL Unreimbursed medical expenses including medical insurance premiums that they paid: $8,900

State income taxes paid or withheld during the year 3,300

Total Sales taxes (from the optional table and actual) 2,650

Real Estate property taxes paid on their home 3,760

Vehicle personal property taxes - based on value 110

Interest paid on a home mortgage (principal is $450,000) 10,800

Car loan interest 2,200

Charitable contributions (subject to the 60% AGI limit and with documentation) 2,080

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 21:00
After discussing the options, the strategic management team has agreed that the pod coffee idea works well with the company's mission statement and decides that the company should move forward in exploring the pod coffee idea. in order to make sure that the pod coffee idea is a good one, and to see if there are other potential future endeavors to pursue, you must analyze the market situation and formulate a strategy. your boss asks you to start working on the pod coffee idea. what is your first stepa. your first step is to formulate a strategy for how to market the pod coffee concept. b. your first step is to consult with your boss and find out what he thinks about the pod coffee idea. c. your first step is to do some research to find out what your competitors are doing. d. your first step is to analyze the organization's strengths, weaknesses, opportunities, and threats.
Answers: 2
question
Business, 22.06.2019 02:00
4. suppose that pollution in a neighborhood comes from two factories, with marginal benefit curves given by mb1 = 12 – p1 and mb2 = 8 – p2. the level of pollution in the neighborhood is given by p = p1 + p2. the government wants to limit pollution by instituting a pollution-rights market. the government’s desired level of p is 10, so it prints 10 pollution rights and offers them for sale to the firms.a)find the equilibrium selling price of a pollution right, as well as the allocation of rights (and hence pollution levels) across the two factories. b)repeat part (a) for the case where the government’s desired level of pollution equals 14. c)comment on the usefulness of a pollution rights market in achieving efficient levels of pollution abatement.
Answers: 2
question
Business, 22.06.2019 04:40
How long have u been on dis website
Answers: 2
question
Business, 22.06.2019 13:30
What do you recommend adam do to increase production in a business setting that does not seem to value high productivity?
Answers: 3
You know the right answer?
Donny and Marie are married electing to file jointly. Their AGI is $67,500. They want to know if the...
Questions
question
Social Studies, 28.01.2020 14:05
question
Mathematics, 28.01.2020 14:05
question
Biology, 28.01.2020 14:05
question
History, 28.01.2020 14:05