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Snezhnost [94]
1 year ago
13

Taxpayers have a choice of deducting the standard deduction or their itemized deductions. therefore, blank______ agi deductions

are considered to be beneficial to more taxpayers because:
Business
1 answer:
KonstantinChe [14]1 year ago
8 0

Itemized deductions are thought to benefit more taxpayers because they can be claimed if the total is higher than the standard deduction.

You can deduct what you paid in real estate taxes, personal property taxes, state and local income or sales taxes, mortgage interest, and disaster losses when you itemize your deductions. You can also count charitable contributions and a portion of the money you spent for health and dental care.

If you itemize your taxes, do you get a bigger refund?

The standard deduction may be exceeded by itemized deductions. The more you may deduct, the less tax you'll owe, which is why some people itemize their deductions because the sum of their itemized deductions exceeds the basic deduction. There are numerous deductions that could be made.

To know more about  itemized deductions

brainly.com/question/3598381

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According to the United Nations' stages of economic development for classifying countries with respect to levels of industrializ
andrezito [222]

Answer:

More-deceloped country

Explanation:

Industrialized countries with high per capita incomes, such as Canada, England, France, Germany, Japan, and the United States fall into the category of more-developed country

4 0
3 years ago
Is debt finance the same as debt capital?
sveticcg [70]

Answer:

no they are not the same hope this helps

7 0
3 years ago
Nielson Motors sold 10 million shares of stock in an SEO. The market price of Nielson's stock at the time was $37.50. Of the 10
Yuliya22 [10]

Answer:

a. $144 million

Explanation:

The computation of the amount of money raised is shown below:

But before that we have to find out the amount raised and underwriting fees which is given below:

Amount raised by company is

= 4 million × $37.5  

= $150 million

And,

underwriting fees is

= $150 million × 4%

= $6 million

So, amount raised by the company is

= $150 million - $6 million

= $144 million

We deduct the underwriting fees from the raised amount

5 0
3 years ago
Which do you think is better?/Which do you prefer? FedEx or UPS?
GrogVix [38]

Answer:

I personally like UPS because most of the times I have to send documents or goods domestically and UPS is very well known for its domestics shipments and I also prefer it because of its low rates as compared to FedEx which has higher rates. I am also comfortable with UPS because of its customer services. They respond to your query very quickly and try to resolve it as soon as possible. Their first priority is always their customers.

7 0
3 years ago
Accounting question??
FinnZ [79.3K]

Answer:

Hend's ownership percentage after Fatima is admitted is 28%.

Explanation:

Since on Jan 1, Athari and Hend are partners with capital balances of 40,000 and 20,000 and they share profits and losses in the ratio of 3: 2 respectively, and on this date, Fatima invests 20,000 in cash for a 15 percent interest in the partnership, to determine Hend's ownership percentage after Fatima is admitted, the following calculation must be performed:

40,000 + 20,000 = 100%

100 - 15 = 85

60,000 = 85

20,000 = X

20,000 x 85 / 60,000 = X

28,333 = X

Therefore, Hend's ownership percentage after Fatima is admitted is 28%.

5 0
3 years ago
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