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Paha777 [63]
3 years ago
15

Wei, an international student from People's Republic of China, received $10,563 of interest income in 2017 from accounts he open

ed when he first arrived in the U.S. on August 27, 2014. What type of federal income tax return does he need to file?
Business
1 answer:
marshall27 [118]3 years ago
6 0

Answer:

He does not need to file a tax return

Explanation:

International students on F, J, M, or Q visas are considered “exempt individuals,” which means you are excused from the Substantial Presence Test for the first 5 years you are in the US if you are an international student. A substantial Presence test is the criterion used by the IRS (Internal Revenue Service) in the US to determine if an individual is a citizen for tax purposes or not. Since Wei came into the United States in 2014, and this is 2017 he has not yet exhausted the 5 year period.

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3 years ago
What are the primary advantages to owning a franchise?
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Answer:

Explanation:

Owning a franchise has the following main advantages:

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2 years ago
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Answer:

$6,000

Explanation:

A deductible is the amount Conor has to pay before his medical bills and prescriptions start getting coverage from his insurance.

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A co-pay is a fixed amount the insured has to pay for certain medical services.

Step 2: 20% of 8,000 or 0.20 times 8,000 = 1,600

Step 3: add $2,000 (the deductible you have to pay) and $1,600 (the co-pay)

Total amount that Conor will have to pay for the hospital: $3,600

3 0
3 years ago
During the current year, Esty Company replaced the roof on its manufacturing facility with a better roof that also extended the
vodka [1.7K]

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A

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5 0
2 years ago
ESD wants to determine the best order size for 2x4x6 pressure treated pine lumber required for making custom cabinets. ESD's est
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Answer:

the economic order quantity is 845 units

Explanation:

The computation of the economic order quantity is shown below;

As we know that

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= (√2 × √6750 × √$225) ÷ (√4.25)

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Hence, the economic order quantity is 845 units

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2 years ago
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