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lyudmila [28]
2 years ago
11

When filing your tax return, what is the maximum amount you can deduct for a capital loss?.

Business
1 answer:
AnnZ [28]2 years ago
5 0

When filing your tax return, the maximum amount you can deduct for a capital loss is $3,000(for individuals and married filing jointly) or $1,500 (for married filing separately).

<h3>What is a tax return?</h3>

A tax return is such or more forms submitted to a taxing body that include earnings, outlays, and other crucial tax data.

Tax returns give taxpayers the option to determine their tax liability, plan out their tax payments, or ask for refunds for any taxes they have paid in excess of what is required.

Some characteristics is of tax returns are-

  • For just an individual or corporation having reportable income, such as wages, interests, dividends, capital appreciation, or other earnings, tax returns must typically be filed annually.
  • The tax return is just a document submitted to a taxing authority that lists earnings, outlays, and other pertinent financial data.
  • Taxpayers compute their tax liabilities, set up tax payments, and request refunds for overpaid taxes on their tax returns.
  • Tax returns must typically be filed yearly.

To know more about tax returns, here

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Identify key components of economic growth and explain how they function in an economy.
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Answer:

Explanation:

1) Employment

The development of human capital can play an important role in overcoming unemployment, which is one of the biggest problems of our age. One of the most important components of human capital is the most important education that gives people new knowledge, skills and abilities, or enhances their skills, indirectly increasing their productivity and income. The effects of education on economic development and unemployment levels have been studied by economists much later than in classical production factors. A more detailed analysis of the economic aspects of education has led to a better understanding of labor market revenues, organizational structures and economic development.

2) Industry sector and human development

The mobilization and increase of physical inputs such as labor, material capital and natural resources (the discovery of new natural resources, the shift of existing labor and capital resources across sectors, etc.) in the short-term and long-term impact on economic growth in the manufacturing process. Due to technological progress and more intensive use of human capital in the manufacturing process, the impact of increased productivity on economic growth and development occurs mainly in the medium and long term. Experience of different countries' economic development is a sustainable and sustainable economic growth

It mainly focuses on the development and technological progress of human capital.

3) Development of the agricultural sector

It is a complement to activities that involve land (farming) and animal husbandry for the purpose of acquiring agricultural, plant and animal products. Adequate and high-quality agricultural production, which is one of the main sources of nutrition and income for the population, contributes to human development, with a positive impact on people's health and wellbeing.

4) Trade, Investment Environment and Private Sector Development

There is a significant and significant relationship between the liberalization of trade and the business environment and human development. Economic development practices show that countries liberalizing their foreign trade regime, improving their business environment and opening up to foreign investments will gradually achieve higher human capital potential in parallel with this process. The emergence of a strong human capital reserve, while ensuring the sustainability of economic growth, can also lead to the process of economic growth turning into economic development.

In other words, a favorable business environment will increase human capital investment in the country by increasing the demand for quality labor resources.

4 0
3 years ago
In one or two sentences, explain why people will do less of an activity when the marginal costs are greater than the
Firlakuza [10]

Answer:

Marginal cost is defined as the additional cost incurred in adding a unit of product or service.

Marginal benefit is defined as the additional satisfaction or utility that the individual receives from consuming the added unit of product or service. 

In every endeavor, we weigh the benefit and cost of a certain product, course of action or service. We aim to get the most out of every product or decision. We are driven to reach maximum profit at a minimum cost. Thus, when the marginal cost is greater than the marginal benefit, people will do less of an activity because it is not profitable.

Explanation:

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__________ involves working with and through people to accomplish organization goals.
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Information to develop a project network is collected from the A. Organization breakdown structure B. Work breakdown structure C
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