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Morgarella [4.7K]
3 years ago
9

Which of the following is not deductible as an itemized deduction?a. State income taxesb. Personal property taxesc. Charitable c

ontributionsd. Local income taxese. All of the above may be deductible as itemized deductions
Business
2 answers:
Snowcat [4.5K]3 years ago
6 0

Answer: IRA

Explanation:

on the test.

LuckyWell [14K]3 years ago
4 0

Answer:

The correct answer is letter "E": All of the above may be deductible as itemized deductions .

Explanation:

Itemized deductions can be deducted from the Adjusted Gross Income (AGI) as long as they are eligible expenses on products, services or contributions. They allow the taxpayer to pay less in contrast to the regular deduction method. Itemized deductions may include but are not limited to personal taxes, medical expenses, interest, charitable gifts, casualty losses, and state and local taxes.

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If an offeree dispatches both an acceptance and a rejection to an offer:
Andrei [34K]
If an offeree dispatches both an acceptance and a rejection to an offer
(d) WHICHEVER RESPONSE REACHES THE OFFEROR FIRST WILL DETERMINE WHETHER A CONTRACT IS CREATED.

In such case, if the acceptance reaches the offeror first then a contract can be created. Thus, it totally depends on what reaches the offeror first. Any offer made by head of an organization can be accepted or rejected and there are business laws for this.
4 0
3 years ago
I have an idea that might address all of these issues. What if none of us have any of these donuts but instead we break up into
miss Akunina [59]

The full question reads;

Which legal school of thought is illustrated in this dialogue?

Alison: (She stands during David's speech as if inspired but sits down once Bob starts talking.)

Bob: Right. Power to the people David. Anyone else hungry? (He tries to slowly move to the donuts and Joyce continues to defend them like a point guard.)

Lee: I have an idea that might address all of these issues. What if none of us have any of these donuts but instead we break up into teams and sell them to our coworkers for a profit? Instead of getting one or two donuts, we can stop on our way home and pick up a dozen of them each with our profits. In this case, we ignore the company stick-in-the-mud book regulations because, as you can see, we are obviously presented with some opportunities for a little economic development. Corporate rules here must bow to economic opportunity. If we let our rules block our prosperity, what kind of company will we become?

OPTIONS:

• Legal realism school of thought.

• Law and economics school of thought.

• Sociological school of thought.

• Command school of thought.

<u>Answer:</u>

<u>Legal realism school of thought.</u>

Explanation:

Notice Lee's statement "we ignore the company stick-in-the-mud book regulations...Corporate rules here must bow to economic opportunity. If we let our rules block our prosperity, what kind of company will we become".

Interestingly, the legal realism school of thought looks at how laws (or as in this case corporate rules) should be understood and applied. So, in a sense, Lee has his own perception of the importance of the organization's rules.

8 0
3 years ago
If the reserve ratio is 20% and a bank accepts $10,000 in demand deposits from the public, then it would have to keep ______ in
Iteru [2.4K]

If the reserve ratio is 20% then the amount that a bank would keep in reserves after accepting the demand deposits is $2,000.

<h3>How much would the bank keep?</h3><h3 />

The reserve ratio refers to the percentage of deposits that banks have to keep as reserves in the Fed.

If this rate is 20%, the bank would therefore have to keep:

= 10,000 x 20%
= $2,000

In conclusion, the bank would keep $2,000.

Find out more on the reserve ratio at brainly.com/question/13758092.

#SPJ1

3 0
2 years ago
Susan deposits $1,200 in an account that earns 8% simple interest annually.
zheka24 [161]
Fourteen Months. So, a year and two months.
This was a challenging question if you don't have a calculator (which I didn't use)

6 0
3 years ago
Alice is a 52-year-old typist working in the same law firm as 28-year-old juliet. both are considered excellent at their job, ev
Over [174]
The likely reason as to why Alice has perform her job the same as Juliet because she likely has developed her selective optimization, in which it helps a person who is on an old age to be healthy and having an improvement of their well being. This is likely the cause as to why Alice can perform the same job as Juliet.
5 0
4 years ago
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