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nata0808 [166]
3 years ago
8

Jasmine and her husband, Arty, have been married for 25 years. In May of this year, the couple divorced. During the year, Jasmin

e provided all the support for herself and her 22-year-old child, Dexter, who lived in the same home as Jasmine for the entire year. Dexter is employed full time, earning $29,000 this year. What is Jasmine's most favorable filing status for the year?
Business
1 answer:
Zinaida [17]3 years ago
7 0

Answer:

Single

Explanation:

Under United States federal income tax law, filing status determines which tax return form an individual will use and is an important factor in computing taxable income.

There are five possible filing status categories:

single individual,

married person filing jointly or surviving spouse,

married person filing separately,

head of household and a qualifying widow(er) with dependent children.

Dexter does not qualify as Jasmine's dependent due to his age and his income so Jasmine must file Single for the year.

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eimsori [14]
Multiply 1.75%×340,000
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3 years ago
An expense account normally has a ___________ balance.<br><br> A. Debit<br> B. Credit
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An expense account normally has a debit balance.

8 0
2 years ago
Listed below are accounts that appear in financial statements.
Kobotan [32]

Answer:

Dividends  - <em>Statement of Changes  in Retained Earning</em>

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Differed Revenue  - <em>Balance Sheet</em>

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7 0
3 years ago
The unemployment rate in a town in which 65,400 persons are employed and 11,000 are unemployed equals:
Over [174]

Based on the number of people that are employed and those who are unemployed in this town, the unemployment rate is 14.4%.

<h3>What is the unemployment rate?</h3>

The unemployment rate can be found by the formula:
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Solving gives:

= (11,000) / (65,400 + 11,000)

= 11,000 / 76,400

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Find out more on the unemployment rate at brainly.com/question/13280244.

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2 years ago
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