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
Ulleksa [173]
3 years ago
15

All of the following should generally be included as taxable income on Schedule 1 (Form 1040), line 21, EXCEPT: Reimbursement re

ceived for medical expenses deducted in a prior tax year. Life insurance proceeds received after the death of a spouse. Taxable portion of a disaster relief payment. Dividends exceeding net premiums paid on an insurance policy.
Business
1 answer:
Lapatulllka [165]3 years ago
7 0

Answer:

Answer is Option 2: Life insurance proceeds received after the death of a spouse.

Explanation:

Life insurance proceeds are generally not taxable. They are paid after insurer's death. It would only be taxable if the policy was given to the spouse for a price. Even if proceeds are paid under accidental policy or health insurance policy, they are not taxable. Proceeds are always paid as a lump sum amount and not in installments.

Other given options, 1, 3 and 4 like reimbursement for medical expenses, taxable portion of a disaster relief payment and dividends exceeding net premiums paid are taxable.

You might be interested in
When the store hires two workers, they are able to serve 16 customers per hour. When the store hires three workers they are able
kotegsom [21]

Answer: $24

Explanation:

Given that,

Two workers serve = 16 customers per hour

Three workers serve = 22 customers per hour

Each customer spends an average of $4 in the store.

Total revenue from Two workers = 16 × $4

                                                       = $64

Total revenue from Three workers = 22 × $4

                                                          = $88

Therefore, the marginal benefit of hiring the third worker would be:

=  Total revenue from Three workers - Total revenue from Two workers

= $88 - $64

= $24

7 0
3 years ago
2. Which of the following is an example of the globalization of production? a. Pepsico sells the same brand of pringles in multi
Katen [24]

Answer: Ford manufactures a car in Michigan, but uses parts sourced from 27 countries

Explanation:

Globalization is the process by which businesses or organizations develop international influence or a situation whereby they start operating on international scale.

Globalization of production has to do with the producers of final finished goods relocating and moving to other parts of the world in order to source for the necessary raw materials or equipments needed to complete a product and assemble all of them at their facility.

Based on this definition, Ford manufactures a car in Michigan, but uses parts sourced from 27 countries is the right answer.

8 0
3 years ago
Read 2 more answers
A company handbook states that employees will be given warnings for three instances of arriving late for work, after which they
zhenek [66]

Answer:

"at-will" simply means the employer can let you go without cause

Explanation:

At-will means that an employer can terminate an employee at any time for any reason, except an illegal one, or for no reason without incurring legal liability. Likewise, an employee is free to leave a job at any time for any or no reason with no adverse legal consequences.

3 0
2 years ago
When employees who don’t want to attend an all-day workshop take the attitude "You can make me go, but you can’t make me pay att
Galina-37 [17]

Answer:

The answer is lose-lose

Explanation:

In a lose-lose approach, one's  actions hurt oneself as much as they do their opponent.

6 0
3 years ago
Read 2 more answers
Often consumers base their perception of price on what they perceive to be the customary or ________.
ycow [4]
Based on other stores, and what their prices are too
3 0
3 years ago
Read 2 more answers
Other questions:
  • What is gross profit? (Select the best answer.)
    10·1 answer
  • Jason rents rooms in his hotel for an average of $100 per night. the variable cost per rented room is $20. his fixed costs are $
    7·1 answer
  • The existence of trade for country that has developed an expertise or reputation for quantity in the production of a particular
    15·1 answer
  • Two firms, A and B, each currently emit 100 tons of chemicals into the air. The government has decided to reduce the pollution a
    7·1 answer
  • When a buyer’s willingness to pay for a good is equal to the price of the good, a. the buyer’s consumer surplus for that good is
    15·1 answer
  • Spud, Inc. a manufacturer of gourmet potato chips, employs activity-based costing. The budgeted data for each of the activity co
    9·1 answer
  • On October 1, Oriole Corporation’s stockholders’ equity is as follows.
    7·1 answer
  • The primary responsibility of the board of directors is to __________. Select one: A. oversee the affairs of the organization B.
    15·1 answer
  • Webster Corporation is preparing a master budget for the first quarter. The company budgets production of 2,960 units in January
    12·1 answer
  • In the context of globalization and ethical obligations of mncs, the offshoring of highly technical jobs can also result in the
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!