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Novosadov [1.4K]
2 years ago
5

Minnie and micky pluck are married, filing jointly in 2009. minnie earns $60,000 a year and takes full advantage of her employer

’s qualified retirement plan. Micky is not employed?
Business
1 answer:
Anna35 [415]2 years ago
8 0

Micky can receive a total deduction of an IRA contribution.

Individual Retirement Accounts (IRA) offer tax advantages for retirement financial savings. You may contribute up to the most amount allowed by the internal revenue carrier each year. There are several forms of IRAs available: conventional IRA. Contributions commonly are tax-deductible.

An individual Retirement Account (IRA) is a tax-advantaged funding account designed that will help you keep toward retirement. IRAs are one of the simplest ways to keep and make investments for destiny. It allows your cash to grow on a tax-deferred or tax-free foundation, depending on the kind of account.

Few mutual funds have minimums of $1,000 or more, so you need to account for that as you choose your investments. The IRS doesn't require a minimum quantity to open an IRA. However, a few providers require account minimums, so if you've only been given a small amount to invest, discover a provider with a low or $0 minimum.

Learn more about Individual Retirement Accounts here brainly.com/question/1637877

#SPJ1

You might be interested in
Some states charge a recycling or disposal fee on certain electronic items, including computers. assume you live in one of these
galben [10]

The disposal fee increases the cost to $1,105

<h3>What is disposal fee?</h3>

The price charged to the customer for the proper disposal of an item or items of solid waste is referred to as the disposal fee.

The term cost of disposal refers to the additional expense directly associated with the disposal of an asset, contract, or cash-generating entity. Cost of disposal is frequently a future liability that appears on the income statement as an expense as it is incurred.

Waste disposal is the collection, processing, recycling, or disposal of human society's waste materials.

Any solid waste or regulated medical waste from a vessel or receiving facility that is placed, discharged, spilled, dropped, or leaked into state waters or adjoining shorelines is referred to as a waste deposit or "deposit of waste."

To know more about disposal fee follow the link:

brainly.com/question/376227

#SPJ4

5 0
2 years ago
Government Spending
fomenos

Answer:

Business Taxes.

Explanation:

A change in business taxes is most likely to change both aggregate demand and aggregate supply.

Aggregate demand can be defined as the total amount of goods and services by consumers at a specific period of time and price level in an economy.

Aggregate supply can be defined as the total amount of goods and services an organization is willing to sell or provide to it's consumers at a specific price level.

When business taxes are imposed on businesses, such as manufacturing companies, these in turn affect the demand and supply framework (final goods and services).

Basically, business taxes causes shifts in demand and supply, which in turn affect the price and quantity of goods and services in an economy.

Hence, companies would either be forced to cut-down on the amount of goods and services provided, result to borrowing or downsizing their manpower. As a result of this, they won't be able to meet the demands of their consumers.

5 0
3 years ago
Charismatic leadership is now considered part of ______ leadership.
boyakko [2]

Answer: Option E

                     

Explanation: In simple words, charismatic leadership refers to the leadership style under which the leader tries to change and influence the behavior of his or her followers by using communication and positive personality traits.

This strategy is seen as informational strategy as similar to this, charismatic  strategy also tries to change and transform the behavior of the  target individual so he or she will be able to perform their task more efficiently.

   Charismatic leaders generally possess high level of confidence and conviction and pursue tactics of dominance and string motoring.

4 0
3 years ago
Orrick Company reported total assets of $4,200,000, total liabilities of $700,000, and total equity of $3,500,000 at the end of
rewona [7]

Answer:

The debt-to-equity ratio of the company is 0.2

Explanation:

The formula to compute the debt to equity ratio is as:

Debt to equity ratio = Debt / Equity

Where

Debt is total liabilities which amounts to $700,000

Equity is total equity which amounts to $3,500,000

Putting the values in the above formula:

= $700,000 / $3,500,000

= 0.2

Debt to equity ratio of the company is 0.2

8 0
3 years ago
What is an example of a comparative advantage of Mexico over the United States?
Neporo4naja [7]

Answer:

For example, a trade where the U.S. exports 4,000 refrigerators to Mexico in exchange for 1,800 pairs of shoes would benefit both sides, in the sense that both countries would be able to consume more of both goods than in a world without trade.

<h3>hope it's help you </h3><h3>plz mark as brain list</h3>
3 0
3 years ago
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