Answer:
a. Ted paid $30 rent on a safety deposit box at the bank. In this box he kept the few shares of stock that he owned.
Is not a business expense nor it can be itemized.
b. Tyler paid $154 for minor repairs to the fence at a rental house he owned.
Repairs and maintenance expenses of rental property decrease your AGI.
c. Timmy paid $775 for health insurance premiums this year. Timmy is employed full-time and his employer paid the remaining premiums as a qualified fringe benefit.
If Timmy's medical expenses were more than 10% of your AGI, then you can deduct the difference. But I doubt Timmy earns less than $7,750.
d. Tess paid $1,880 of state income taxes on her consulting income.
If you itemize deductions, you can deduct up to $10,000 in state or local taxes.
Answer:
exculpatory clause
Explanation:
Exculpatory clause in contracts is a clause that protects the person issuing it from liabilities of damages to an asset that may not be in their possession or out of their control. It prevents one party from the holding the other liable for damages to an asset during the execution of a contract. This is what Jack has done to protect himself from the liabilities that may result from any damages during the contract.
The answer is D) are on the "but side" of Wall Street.
Just read the text. I'm 100% sure. Text below.
Answer:
$4,068
Explanation:
Margret's monthly rent = $297
Monthly electricity costs = $42
Her costs per year will be
= ($297 x 12) + ( $42 x 12)
=$3,564 + $504
=$4,068
Answer:
This is an example of sharing common problems.
Explanation:
One location can have problems and bring down other locations meaning they share common problems.