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
LuckyWell [14K]
3 years ago
8

Opal deducted $2,560 of state income taxes on her tax return last year. this year she received a state income tax refund of $330

. what amount of the refund, if any, should opal include in her gross income if last year her total itemized deductions exceeded the standard deduction by $430?
Business
1 answer:
bazaltina [42]3 years ago
3 0
 negative 45 to become what she wants to 
bra have a good day ill respond later


You might be interested in
What is the most common type of fraud? multiple choice customer theft robbery arson employee theft collusion
11111nata11111 [884]

Employee theft is the most common type of fraud.

<h3>What is fraud?</h3>

Fraud is a deliberate act of deception intended to give the offender an unauthorized benefit or to deny the victim of a right. Tax fraud, credit card fraud, wire fraud, securities fraud, and bankruptcy fraud are all examples of fraud. Fraudulent conduct can be committed by a single person, a group of people, or an entire company.

<h3>How does financial fraud work?</h3>

Financial fraud is a crime that involves hacking into accounts and transactions in order to benefit the perpetrator financially. People must be aware of financial fraud because it has become more prevalent as a result of the growing payments sector and widespread usage of credit and debit cards.

<h3>What is phishing?</h3>

The growth of online banking and the overall expansion of the cyber world have made it possible for fraudsters to use online channels to target online bankers. Phishing emails can be sent to online bankers under the guise of being from a bank, allowing them to seek users' login information and passwords without coming off as unusual. All of the financial information of online bankers who fall for this phishing email will be stolen for the scammer's gain.

Learn more about Fraud:

brainly.com/question/26963566

#SPJ4

7 0
2 years ago
All marketing strategy is built on segmentation, targeting, and ________. A) positioning B) product C) planning D) promotion E)
IrinaVladis [17]

Answer:

Option "A" is the correct answer to the following statement.

Explanation:

in the market, some consumers vary in one way or more. they can vary in want, money, places, perceptions and purchasing habits. A marketing executive, therefore, needs to define his market positions and decisions.

Marketing Strategy helps him to create and find his market Position and help him to target the best spot in the market.

6 0
4 years ago
France and England both produce cheese and cloth under conditions of constant opportunity costs. France will have a comparative
dem82 [27]

Answer:

D

Explanation:

A country has comparative advantage in production if it produces at a lower opportunity cost when compared to other countries.

For example, England produces 10 yards of clothes and 5 kg of cheese. France produces 5 yards of clothes and 10 kg of cheese.  

for England,  

opportunity cost of producing clothes = 5/10 = 0.5

opportunity cost of producing cheese = 10/5 = 2

for France,  

opportunity cost of producing cheese = 5/10 = 0.5

opportunity cost of producing clothes = 10/5 = 2

England has a comparative advantage in the production of clothes and France has a comparative advantage in the production of cheese

5 0
3 years ago
Raj is a 50% shareholder in an S corporation. In the current year, he is reporting $50,000 of salary, $2,000 of interest income,
ycow [4]

Answer:

B) $4,000

Explanation:

The computation is shown below

As the QBI deduction can be less of

20% of Qualified business income

OR

20% of net capital gain

So the 20% of qualified business income is

= $20,000 × 20%

= $4,000

And, the 20% of  Net capital gain is

= ($65,000 - $10,000) × 20%

= $11,000

So, the lesser amount between $4,000 and $11,000 is $4,000

3 0
3 years ago
A home is appraised at $125,000 and the assessment level is 35%. There are a total of 40 mills in the taxing area.
Andrews [41]

Answer:

$1,750

Explanation:

First, we have to calculate the assessed value which can be determined using the below formula:

Assessed value=Appraised value of home*assessment level

                         =125,000*35%

                         =$43,750

The next step is to calculate the cost of each mill which can be calculated using the following formula:

Cost of each mill=Assessed value/1000

                           =43750/1000

                           =43.75

The final step is to find the annual taxes, which can be calculated using the following formula:

Annual taxes=cost of each mill*number of mills

                     =43.75*40

                     =$1,750

   

7 0
3 years ago
Other questions:
  • A service contract for a video projection system costs $195 a year. you expect to use the system for four years. instead of buyi
    6·2 answers
  • What is not part of all contracts?
    10·2 answers
  • Seaside issues a bond with a stated interest rate of 10%, face value of $50,000, and due in 5 years. Interest payments are made
    7·1 answer
  • One year ago, your company purchased a machine used in manufacturing for $110 000. You have learned that a new machine is availa
    12·1 answer
  • On January 1, 2020, Wells Tech signed a $950,000 two-year construction contract. Wells secured $950,000 financing at 7%. In 2020
    15·1 answer
  • Microsoft stock price peaked at 6118% of its IPO price more than 13 years after the IPO† Suppose that $15,000 invested in Micros
    14·1 answer
  • You have been managing a $5 million portfolio that has a beta of 1.45 and a required rate of return of 9.975%. The current risk-
    8·1 answer
  • The government buys new weapons systems. the manufacturers of weapons pay their employees. the employees spend this money on goo
    14·1 answer
  • Give an example of a type of presentational aid you have used in a past speech. Do you feel the presentational aid was effective
    13·1 answer
  • Explain two causes of an increase in the quantity of labour​
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!