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maxonik [38]
3 years ago
11

Frieda is itemizing deductions on her federal income tax return and had $1700 in non-reimbursed work expenses last year. If her

AGI was $76,000, and if non-reimbursed work expenses are deductible to the extent that they exceed 2% of a taxpayer's AGI, how much can Frieda deduct for non-reimbursed work expenses?
A. $34 B. $180 C. $1666 D. $1520
Business
1 answer:
zhenek [66]3 years ago
7 0

Answer:

$180 is the correct answer!!!

Explanation:

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Copper Corporation owns stock in Bronze Corporation and has net operating income of $900,000 for the year. Bronze Corporation pa
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Answer:

C) $120,000

Explanation:

Since Copper corporation owns 65% of Bronze Corporation, its dividends received deduction (DRD) is 80% of the dividends received.

  • stake at another corporation is less than 20%, DRD = 70%
  • stake at another corporation is between 20% to 80%, DRD = 80% (Copper's case)
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Therefore, if Copper received $150,000 in dividends from Bronze, it can deduct 80% of that amount = 80% x $150,000 = $120,000

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mylen [45]
C 5 tables for mike and 1/3 table for sandy
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3 years ago
What does a decrease in supply result in?
strojnjashka [21]

Answer:

The correct answer is option c.

Explanation:

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An amortized loan: Multiple Choice requires the principal amount to be repaid in even increments over the life of the loan. may
babymother [125]

Answer:

The correct answer is: may have equal or increasing amounts applied to the principal from each loan payment.

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