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
Andrew [12]
3 years ago
15

Laura is a single taxpayer living in New Jersey with adjusted gross income for the 2019 tax year of $35,550. Laura's employer wi

thheld $3,410 in state income tax from her salary. In April of 2019, she pays $550 in additional state taxes for her prior year's tax return. The real estate taxes on her home are $1,800 for 2019, and her personal property taxes, based on the value of the property, amount to $400. Also, she paid $80 for state gasoline taxes for the year.
Prepare the taxes section to report Laura's 2018 deduction for taxes assuming she chooses to deduct state and local income taxes.

Business
1 answer:
Montano1993 [528]3 years ago
4 0

Answer:

All the figures are provided in the table in picture attached. Taxpayers are allowed itemized deduction for local, state and other foreign tax paid during the year.

Explanation:

See the attached picture for detailed explanation.

You might be interested in
In your opinion, what is the most important factor affecting the demand for sports and entertainment commodities?
il63 [147K]

Answer:

Explanation:price of the commodity

price of related goods

income if the consumer

taste and preference

exceptation of change of price

7 0
3 years ago
Communicating effectively, showing a sense of teamwork, and being a good negotiator are all ways to demonstrate which component
Alexxandr [17]
<span>Communicating effectively, showing a sense of teamwork, and being a good negotiator are all ways to demonstrate which component of emotional intelligence? Social management. Possessing all of these qualities and attributes makes you stable in your workplace and overall life environment. Having control of how you act in situations and having good emotional intelligence allows for growth and understanding overtime. Emotional intelligence is defined as being aware and in control of your emotions to successfully and </span>appropriately handle how you feel and act/react in certain situations. 
7 0
3 years ago
On what date does congress normally begin its annual meeting unless otherwise determined?
mrs_skeptik [129]

Congress usually begins its annual meeting on January 3 unless otherwise determined. This is as stipulated in the 20th amendment to the United States constitution, which moved the beginning and ending of terms of members of Congress from March 4 to January 3.

5 0
3 years ago
A firm has a weighted average cost of capital of 11.68 percent and a cost of equity of 15.5 percent. The debt-equity ratio is 0.
asambeis [7]

The firms Cost of Debt is 9.62%.

Data and Calculations:

Weighted average cost of capital = 11.68%

Cost of equity = 15.5%

Debt-Equity Ratio = 0.65

Without taxes, the firm's Weighted Cost of Debt (WACC) = WACC - Weighted Cost of Equity

= 11.68% - (15.5% (1 - 0.65)

= 11.68% - 5.425%

= 6.255%

Unweighted cost of debt = 6.255%/0.65

= 9.62%

Thus, the firm's cost of debt is 9.62% while the weighted cost of debt is 6.255%.

Learn more: brainly.com/question/23044852

6 0
2 years ago
Spicy Hot Dog Vendors, Inc., grants its agent Teona an exclusive territory in which to sell Spicy Hot Dog products. Spicy Hot Do
REY [17]

Answer:

Cooperation

Explanation:

When there is an agent working for a company they become in a team work; in this case Teona is working as a representative for Spicy Hot Dog Vendors, Inc. So there is not place for competence between them, they are offering the same products. Also, it is important to notice that the agent works to cooperate with the company and improve their sells in the existing market. If there is an established territory for each agent, te company has to respect it.

6 0
3 years ago
Other questions:
  • I tend to be skeptical in dealing with others at work
    9·1 answer
  • Mark each statement if it correctly describes facts about China during the Sui dynasty.
    10·1 answer
  • Jorge, a forklift truck operator for the retail chain Hanes Ridge, was injured when the forklift he was operating toppled over.
    15·1 answer
  • On January 1, Boston Enterprises issues bonds that have a $3,400,000 par value, mature in 20 years, and pay 9% interest semiannu
    8·1 answer
  • Whipple Corp. just issued 280,000 bonds with a coupon rate of 6.02 percent paid semiannually that mature in 25 years. The bonds
    9·1 answer
  • Your org's corporate currency:_______.
    9·1 answer
  • The VP of Sales is using Collaborative Forecasting to track sales rep quote attainment. The VP wants to be notified when sales r
    9·1 answer
  • There will be a lower equilibrium price and higher quantity if _____.
    13·1 answer
  • Each country must answer three economic questions.<br>Define and describe each economic question
    8·1 answer
  • Ramirez Company installs a computerized manufacturing machine in its factory at the beginning of the year at a cost of $48,400.
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!