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Shkiper50 [21]
3 years ago
5

In regards to Social Security benefits:

Business
1 answer:
olga_2 [115]3 years ago
6 0

Answer: c. Tax-free interest income must be included in the formula used to determine if Social Security is included in taxable income.

Explanation:

The portion of Social Security benefits that is taxed depends on how much Income the person has.

For instance, a person is charged up to 50 percent if their income is $25,000 to $34,000 for an individual.

So now how do we calculate the 'income' on which the taxation is based.

The IRS, for the purposes of determining how much you pay, treats income as a person's adjusted gross income plus NONTAXABLE INTEREST INCOME plus half of their Social Security benefits.

From the above we can see that option C is therfore correct.

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What is a source of financial vulnerability for people in late adulthood?
nlexa [21]
Thank you for posting your question here at brainly. I hope the answer will help you. Feel free to ask more questions.
Below are the choices that can be found elsewhere:

a)   Gambling
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<span>   d)   Cost of living
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The answer is B which is Reliance on fixed income

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3 years ago
If the total for this month's credit purchases is $550 at 24% annual interest, what is the total balance for the month after one
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Answer:

560

Explanation:

Thats your answer.

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What is salary system?
Murljashka [212]

Answer:

Salary systems – also referred to as compensation plans or pay structure – are a collection of steps, policies and practices employers use to pay employees for their work. Salary systems consist of more than producing a weekly, biweekly or bimonthly paycheck.

Explanation:

4 0
3 years ago
During a recent​ month, Canon Company planned to provide cleaning services to 30 customers for $ 26 per hour. Each job was expec
prisoha [69]

Answer:

$1,950 more than expected

Explanation:

In this question ,we have to compare the revenues based on expected and the actual

So, the expected revenues would be

= Number of customers × per hour rate × expected time spent

= 30 customers × $26 × 8 hours

= $6,240

And, the actual revenues would be

= Number of increased customers × per hour rate × average time spent

= 42 customers × $26 × 7.5 hours

= $8,190

The revenue is increased by

= $8,190 - $6,240

= $1,950 more than expected

This is the answer but the same is not provided in the given options

7 0
3 years ago
Samson, Inc. reported the following information for the​ year: Service Revenue $ 50 comma 000 Operating Expenses 21 comma 500 Ne
hjlf

Answer:

$21.50

Explanation:

The net income is difference between the revenue and the operating expense incurred by the entity.

The unit cost per service is obtained by dividing the operating cost by the number of services provided.

Given that;

Operating expense = $21,500

Number of services provided = 10,000

The unit cost per​ service

= $21,500/10,000

= $21.50 (to the nearest cent)

6 0
3 years ago
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