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alisha [4.7K]
2 years ago
13

A person completes her federal 1040EZ form and sees that she paid total quarterly estimated taxes of $12,000. But the calculatio

ns show that she should have paid only $9,500 in taxes. What will happen if she sends the IRS this completed form with the necessary supporting documents
Business
1 answer:
kiruha [24]2 years ago
7 0

What will happen if she sends the IRS this completed form with the necessary supporting documents is: They will receive a federal tax refund of $2,500.

<h3>What is 1040EZ form?</h3>

1040EZ form is a form which a tax payable is expected to fill but this form is less complex compare to 1040 form as only few important  details of the taxpayer is expected to be fill out in the form.

Hence what will happen if she sends the IRS the completed form is:

Federal tax refund=Total quarterly estimated form-Tax amount

Federal tax refund=$12,000-$9,500

Federal tax refund=$2,500

Therefore they will receive a federal tax refund of $2,500.

Learn more about 1040EZ form here:brainly.com/question/1396478

#SPJ1

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Answer:

Are an alternative to new ventures.

Explanation:

Joint ventures is a business arrangement between two of more organisations to form a partnership. The oganisations involved share ownership, profits, investments.

A joint venture provides access to a large number of resources and it also provides the opportunity to gain new insight and expertise.

Different organizations enter into joint venture for either the purpose of a production process or research avtivity.

3 0
3 years ago
Once stimuli are in the brain, they are processed by what?
Anastasy [175]
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5 0
4 years ago
In a small, closed economy, national income (GDP) is $400.00 million for the current year. Individuals have spent $150.00 millio
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Answer: $100 million

Explanation:

National Income (GDP) for a close nation is calculated as:

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Making investment the subject would give us:

Investment = GDP - Consumption - Government spending

= 400 - 150 - 150

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3 0
3 years ago
Many automobile companies have custom options available for disabled people.
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<span>True. Many automobile companies offer adapted cars for disabled people, for example offering adjusted hand controls, altering access to the vehicle so it is wheelchair accessible or adjusting the space in the back of the vehicle so a wheelchair or mobility scooter can fit.</span>
8 0
3 years ago
Between 2003 and 2005, there was huge growth in the market for premium blue jeans priced at $200 or more per pair. Popular magaz
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Answer:

Following are the solution to the given question:

Explanation:

Huge demand increase inside the Blue Jeans market led to rising costs between 2003 and 2005. The contour of desire went right.

With pricing just above the previous level, the producers are motivated to create more and therefore to increase the demand side and shift its supply curve to the right.

Greater amounts supplied produced a surplus in blue jeans that could only be sold if the prices decreased to attract buyers (the supply side), creating a new balance at a clean cost.

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