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DENIUS [597]
3 years ago
8

Taxpayers filing single, regardless of whether they did or did not engage in a specified service trade or business, will only be

subject to the "ordinary" taxable income limitation if their taxable income falls at or below which amount?
a. $0
b. $160,700
c. $160,725
d. $321,400
Business
1 answer:
RUDIKE [14]3 years ago
8 0

Answer:

b. $160,700

Explanation:

In the case of ordinary taxable income limitation, the taxable income for the single person is up to $160,700 and for married who filled jointly have a limit up to $321,400.  

Plus, if the income is covered within the threshold limit then the tax payee is eligible for the deduction which is equal to 20% of qualified business income irrespective whether they engaged or not engaged in any specified service trade or business

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why it is so difficult to compare unemployment rates in the United States with unemployment rates in poorer countries?
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4 0
3 years ago
In each of the following situations, what type of unemployment is Melanie facing? Explain.a. After completing a complex programm
arlik [135]

Answer:

A. Frictional Unemployment

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If the price of a product falls to what is considered a bargain price, a shortage would occur.

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When the price of a good is below equilibrium, quantity supplied would fall and the quantity demanded would exceed supply. As a result, there would be a shortage.

To learn more about shortage, please check: brainly.com/question/16137233?referrer=searchResults

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