3 years ago

Under what circumstance might you receive a tax refund from the IRS?

1 answer:

3 0

This means that the tax you owe is less than what you paid for your taxes. Another circumstance is when you are entitled to tax credits. IRS stands of Internal Revenue Service. The circumstance in which you might receive a tax refund from the IRS if you have paid more in taxes than you owed for the year.

You might be interested in

In what three ways does the government affect production of goods and services in the US economy?

denpristay [2]

Government activity affects the economy in four ways: The government produces goods and services, including roads and national defense. Less than half of federal spending is devoted to the production of goods and services

8 0

3 years ago

Studdard Controls recently declared a quarterly dividend of $1.25 payable on Thursday, April 25, to holder of record of Friday,

elena-14-01-66 [18.8K]

Answer:

April 11th

Explanation:

the dividends will be paid to the owner of the share one day before the record. This is defined asthe Ex-date ofthe dividends.

DISCLAMER

Assuming it refers to 2019 Apil 12th

the previous business day will be April 11th (we should liook into the calendar and avoid counting Friday and saturdays

for the year 2019 April 12th is a friday so it is okay to define it as April 11th

7 0

3 years ago

Saving for four years for a down payment on a house affects how soon you are able to purchase a home. This is an example of:

amid [387]

Answer: ✓ an intermediate goal that affects a long-term goal

4 0

2 years ago

Old Time Savings Bank pays 3% interest on its savings accounts. If you deposit $1,800 in the bank and leave it there: (Do not ro

klasskru [66]

Answer:

A. $54

B. 55.62

C. $70.46

Explanation:

The formula for calculating compound interest is

FV = P (1 + r ) ^n

FV = Future value

P = Present value

R = interest rate

N = number of years

A. $1,800 (1.03) = $1854

Interest rate = $1854 -$1,800 = $54

B. $1,800 (1.03)^2 = $1,909.62

Interest rate = $1,909.62 - $1854 = $55.62

C. $1,800 (1.03)^10 = $2,419.05

To service the interest rate, we have to determine the future value in year 9

$1,800 (1.03)^9 = $2,348.59

Interest rate = $2,419.05 - $2,348.59 = $70.46

I hope my answer helps you

5 0

3 years ago

Career skills refer to the complicated tasks performed on the job <br><br> T or F

aksik [14]

The answer is fales hope i helped

3 0

3 years ago

Read 2 more answers