subject
Mathematics, 13.09.2021 16:30 syyyd423

Buck and Georgia are married and file a joint return for 2021. They have wage income of $150,000; net long-term capital gains of $25,000; net short-term capital gains of $8,000; corporate bond interest of $4,000; share of S corporation income of $10,000; cash distributions from the S corporation of $3,500; ordinary cash dividends of $5,250; qualifying cash dividends of $7,000; inheritance received from deceased aunt’s estate of $50,000; deductions for AGI (Adjusted Gross Income) of $11,000; itemized deductions of $26,500; tax credits of $2,500; and estimated tax payments and withholding of $23,000. Their applicable standard deduction is $25,100. Using the appropriate tax schedule, compute their tax due or refund. [Note – you must show and label all calculations, including the AGI, Taxable Income, and Tax Liability amounts.]Plz use excel for answer! Thank you :)

ansver
Answers: 2

Another question on Mathematics

question
Mathematics, 21.06.2019 14:30
An eight-sided die, which may or may not be a fair die, has four colors on it; you have been tossing the die for an hour and have recorded the color rolled for each toss. what is the probability you will roll a brown on your next toss of the die? express your answer as a simplified fraction or a decimal rounded to four decimal places.
Answers: 2
question
Mathematics, 21.06.2019 14:40
What is the celsius temperature that is equal to 94 degrees fahrenheit using the formula f=9/5 c+32
Answers: 2
question
Mathematics, 21.06.2019 18:00
What is the relationship between all triangles that can be drawn given the same three angles
Answers: 2
question
Mathematics, 21.06.2019 19:00
Jack did 3/5 of all problems on his weekend homework before sunday. on sunday he solved 1/3 of what was left and the last 4 problems. how many problems were assigned for the weekend?
Answers: 3
You know the right answer?
Buck and Georgia are married and file a joint return for 2021. They have wage income of $150,000; ne...
Questions
question
Mathematics, 02.03.2021 21:10
question
Mathematics, 02.03.2021 21:10
question
Computers and Technology, 02.03.2021 21:10
question
Mathematics, 02.03.2021 21:10
question
Biology, 02.03.2021 21:10
question
Mathematics, 02.03.2021 21:10
question
Mathematics, 02.03.2021 21:10