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
Elden [556K]
3 years ago
5

The tax return filing requirements for individual taxpayers depend on the taxpayer’s gross income. True or False

Business
1 answer:
son4ous [18]3 years ago
4 0

Answer:

True

Explanation:

First of all, your tax filing status affects your tax rates, the more you earn, the higher your tax bracket. On the other hand, if your income is very low, you might not even have to file your taxes. For example, if you are over 65 years old, and your income is less than the standard deduction ($12,200) you do not need to file your taxes. If your income is above a certain threshold, you might start losing some tax benefits and deductions, e.g. child care and tax credit.

You might be interested in
If someone stole from you ... and you stole it back ... would you technically still be stealing it ? .
dsp73

Answer:

yes that would still be stealing unless you where taking back what they stole from you but if you take a random thing that wasn't yours to begin with that would be stealing

8 0
3 years ago
Read 2 more answers
Assuming a binding price floor, the more inelastic the supply and the demand curves are, the:1'smaller the shortage a price floo
KATRIN_1 [288]

Answer:

Option "3" is the correct answer.

Explanation:

Inelastic demand curve depict when there's no evident increase in demand due to an increase in price.

3 0
3 years ago
Read 2 more answers
A performance obligation is:
ANEK [815]

Answer:

.

Explanation:.

5 0
4 years ago
Ollie Company experienced the following events during its first-year operations: 1. Acquired $72,000 cash from the issue of comm
SCORPION-xisa [38]

Answer and Explanation:

The preparation of the statement of changes in stockholders' equity is presented below:

                                                Ollie Company

                      Statement of changes in stockholders' equity

Beginning common stock $0

Add: Common stock issuance $72,000

Ending common stock $72,000

Beginning retained earning $0

Add: Net income $16,000      ($59,000 - $43,000)

Less: cash Dividend paid -$7,000

Ending retained earning $9,000

Total stockholder equity $81,000 ($72,000 + $9,000)

4 0
3 years ago
The Civil Service System Select one: a. Works best with higher-level jobs that are by nature complex and specialized and involve
boyakko [2]

Answer:a

Explanation: The civil service is a collective term for a sector of government composed mainly of career bureaucrats hired on professional merit rather than appointed or elected, whose institutional tenure typically survives transitions of political leadership. A civil servant or public servant is a person so employed in the public sector employed for a government department or agency. A civil servant or public servant's first priority is to represent the interests of citizens.Civil service is performed by a civil servant, a bureaucrat hired by the country's government who works for the public sector; conversely, public service is performed by a public servant, a person appointed by a member of the government to serve the population and perform public duties. In the civil service system ,managing a bureaucracy in which individuals are selected for employment in the government on the basis of either competitive examinations or special qualifications, such as professional training.

8 0
4 years ago
Other questions:
  • Cost per click is a measure in which
    14·1 answer
  • If your seller cost is $8.00 and the price ceiling is $7.00, you will:
    10·1 answer
  • Two years ago, Bethel, Inc. bought $47,500 in bonds from another company. This month, it sold half of those bonds for $22,040 an
    8·1 answer
  • Jody borrowed $25,000 from her controlled corporation for six months. She used the funds to pay her daughter's college tuition.
    6·1 answer
  • Use the following information for exercises 15 to 18 LO P2 The following information applies to the questions displayed below] O
    7·1 answer
  • Which statement best explains the law of supply?
    8·2 answers
  • Which of the following is an advantage associated with the matrix organization? ​ a. Hard to monitor and control. b. Shorter res
    7·2 answers
  • Pam runs a shoeshine stand at the airport. Pam has no skills, no job expereince, and no alternative employment. Entrepreneurs in
    14·1 answer
  • The budget director of Heather’s Florist has prepared the following sales budget. The company had $290,000 in accounts receiva
    12·2 answers
  • Matching Question Match the following activities to their effect on the general ledger accounts. Allocate indirect labor Allocat
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!