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kkurt [141]
1 year ago
13

n 2021, nora (28) lived with her daughter, avery (4), her brother, jack (19), and her fiancée, luke (30) for the entire year. no

ra's adjusted gross income is $32,850, jack's gross income is $5,000, luke's gross income is $4,500, and avery has no income. none of the individuals in the household were students during the year. neither jack, nor luke, nor avery provided over 50% of their own support. nora qualifies for and files as head of household in 2021. how many qualifying dependents can nora claim on her return?
Business
1 answer:
expeople1 [14]1 year ago
3 0

The Appropriate response is option (one).

  • As the relative cannot have a gross income of more than $4,300 in 2021 and be claimed by you as a dependent, only Avery qualifies as a dependent for Nora.

Gross income is the total of all incomes, salaries, profits, interest payments, rents, and other kinds of income for families and people before any deductions or taxes. It contrasts with net income, which is the gross income less any applicable taxes and other deductions.

<h3><u>How do gross and net income differ?</u></h3>
  • Before taxes, benefits, and other payroll deductions are taken out of an employee's paycheck, that amount is known as their gross pay. Net pay, often known as take-home pay, is the amount that is left after all withholdings have been taken into account

To learn more about Gross income, Click the links.

brainly.com/question/26479727

brainly.com/question/547727

#SPJ4

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Answer:

Answer 1.

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Answer 2.

Yes, even if it is a fraudulent filing for bankruptcy, BBB organization despite everything can select to petition for financial protection or BBB can close the business through and through and escape with the reserve funds and continues from the offer of the stock. Indeed, even leasers and providers reserve the option to petition for automatic insolvency against the BBB in the event that BBB doesn't seek financial protection.  

It thoroughly relies upon the BBB Company, in the event that it selects to declare financial insolvency under section 7, or 11 of the liquidation code. Be that as it may, it is just under section 11 liquidation procedures of the chapter 11 court it very well may be set up that BBB's aim and untrustworthy strategic policies establishes to insolvency misrepresentation.

3 0
3 years ago
Our last four periods had sales, from oldest to most recent, of 100, 200, 130, and 300. what is the three-period ma
masya89 [10]
<span>Sales during the last four periods are in the order from older to recent as 100, 200, 130, and 300. Moving average is a successive average calculated from the successive segments. So the third month moving average MA3 = (200 + 130 + 300) / 3 = 630 / 3 = 210 So the answer is 210.</span>
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The Earned Income Credit is one alternative to____controls.
nevsk [136]

The Earned Income Credit is one alternative to PRICE controls

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3 years ago
asmine Smith owns a condo worth $250,000, a car valued at $15,000, and miscellaneous assets worth $7,500. She owes $190,000 on t
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Answer:

The total liabilities amounts to $200,000

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The total liabilities of Asmine Smith is computed as:

Total Liabilities = Owing on Condo + Owning a Car

where

Owning on Condo is $190,000

Owning a Car is $10,000

Putting the values above:

= $190,000 + $10,000

= $200,000

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