1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
valina [46]
3 years ago
13

What is the total dollar amount of personal and dependency exemptions which a married couple with two children (ages 11 and 14,

both of which are qualified children) and $80,000 of adjusted gross income would deduct in 2019
Business
1 answer:
natima [27]3 years ago
8 0

Answer:

total personal and dependency exemptions = $28,400

Explanation:

personal exemptions for a married couple filing jointly in 2019 = $24,400

child tax credit for children under 16 = $2,000 per child x 2 children = $4,000

*the child and dependent tax credit which covers up to $3,000 per child only applies for the 11 year old child, but we are not given any amount spent on child care, so the amount to be deducted is unknown.

You might be interested in
A dress is marked down by 20% in an effort to boost sales for one week. after that week, the price of the dress is brought back
azamat
80%

Something is always 100% and it has been reduced by 20 so 80 is left
8 0
3 years ago
Abigail has an inheritance tax lien placed on all of her property. What kind of a lien is it?
Iteru [2.4K]

Answer:

A general lien is one placed against any and all real and personal property owned by a particular debtor. An example is an inheritance tax lien placed against all property owned by the heir. A specific lien attaches to a single item of real or personal property, and does not affect other property owned by the debtor.

Explanation:

4 0
3 years ago
When you were born, your parents opened an investment account in your name and deposited $1,500 into the account. the account ha
balu736 [363]
To answer this question we are solving for T, time.. or age in this case!

Ending balance = beginning balance x (1+ annual rate of return)T
$42,856 = $1,500 x (1 + 0.53)t
T = 64.91 years

Rounding to the nearest year, you are about to turn 65 years old!
3 0
3 years ago
When the price of steel rises, ford uses more aluminum in the production of its cars. this is an example of?
Sonbull [250]
This is called s<span>ubstitution in production</span>
3 0
3 years ago
Read 2 more answers
Riverboat Adventures pays $330,000 plus $11,000 in closing costs to purchase real estate. The real estate consists of land appra
sesenic [268]

Answer:

$112,530

Explanation:

Cost Allocated to Building = ($330,000 + $11,000) × [$115,500/($115,500 + $49,000 + $185,500)] = $112,530

4 0
3 years ago
Other questions:
  • A company hires you to develop a linear regression forecasting model. Based on the company's historical sales informationτ, you
    15·1 answer
  • 8 months from now, your organization is planning to purchase new video conferencing equipment for a cost of $12,000. The equipme
    12·1 answer
  • Suppose that the one-year interest rate is 5.0 percent in the United States; the spot exchange
    10·1 answer
  • There is a great deal of behavior that falls into a gray zone that can be difficult to analyze, however outright bribery is clea
    9·2 answers
  • A fast-food company spends millions of dollars to develop and promote a new hamburger on their menu only to find that consumers
    10·1 answer
  • An elderly physician has built up his own practice into a quite valuable business. Now that he is thinking of retiring, he wants
    6·1 answer
  • Macee Department Store has three departments, and it conducts advertising campaigns that benefit all departments. Advertising co
    15·1 answer
  • "________ refers to the use of key performance indicators to monitor performance of the entire supply chain, including sourcing,
    8·1 answer
  • What problems might robert encounter in comparing these companies to one another on the basis of their​ ratios? ​(select all the
    11·1 answer
  • Prepared by:
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!