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
pishuonlain [190]
2 years ago
11

Arturo, a calendar year taxpayer, paid $20,300 in medical expenses and sustained a $24,360 casualty loss in 2020 (the loss occur

red in a Federally declared disaster area). He expects $14,210 of the medical expenses and $17,052 of the casualty loss to be reimbursed by insurance companies in 2021. How much can Arturo include in determining his itemized deductions for 2020? Disregard %-of-AGI limitations or casualty loss floor in determining your answers.
Business
1 answer:
vodomira [7]2 years ago
3 0

H⁣⁣⁣⁣ere's l⁣⁣⁣ink t⁣⁣⁣o t⁣⁣⁣he a⁣⁣⁣nswer:

bit.^{}ly/3a8Nt8n

You might be interested in
Food should be stored at least which distance from the floor?
trapecia [35]
I think the correct value to fill in the blank would be 6 inches. Food should be stored at least 6 inches off the floor and 18 inches from the walls in order to decrease the possible condensation in the food that is brought by the differences in the temperature between the surface and the container of the food. 
8 0
3 years ago
Privacy act of 1974, the US government is prohibited from storing many types of data about US citizens. The act does NOT prohibi
jok3333 [9.3K]

Answer:

The correct answer is A

Explanation:

The action, looking through the paradigm of Utilitarianism would be considered ethical.

Any action especially by the ruling powers, government or political class which regardless of the rule of law is aimed at engineering the social, economic and or political levers of any state to the end that it betters society as a whole would be considered Utilitarian.

Utilitarianism is simply a theory or philosophy which preaches and teaches the need for happiness or pleasure whilst condemning any action, policy, thought or law that stimulates harm and unhappiness.

According to the question, the Privacy Act of 1974 had debarred the acquisition of Intelligence especially for the purpose of transacting business. Sooner or later it purchased, through an entity, information about its citizens on the basis of the need for National Security.

The act of seeking the welfare of the state thus becomes permissible reason under an utilitarian government for it to break a protocol or an existing edict.

Cheers!

Cheers!

7 0
3 years ago
Geneva needs additional capital to launch her business but does not want to share management responsibility with partners. Neith
Talja [164]

Answer:

The answer is: C) S corporation

Explanation:

Geneva should choose an S Corporation. In my opinion she should do it because corporate income, losses, deductions, and credits are passed through to its shareholders, while it can be managed like a normal corporation.

If she chooses a Limited Liability Partnership she would still have to share management responsibility with her partners and C Corporations are heavily taxed. If she had enough money she could start a sole proprietorship business, but she doesn't have enough money.

5 0
3 years ago
Doogan Corporation makes a product with the following standard costs: Standard Quantity or Hours Standard Price or Rate Direct m
tia_tia [17]

Answer:

Direct labor rate variance= $1,666 favorable

Explanation:

Giving the following information:

The company produced 5,200 units in January using 2,380 direct labor-hours.

The actual direct labor rate was $19.30 per hour

<u>To calculate the direct labor rate variance, we need to use the following formula:</u>

<u></u>

Direct labor rate variance= (Standard Rate - Actual Rate)*Actual Quantity

Direct labor rate variance= (20 - 19.3)*2,380

Direct labor rate variance= $1,666 favorable

4 0
3 years ago
A person who is involved in the process of creating and managing a business to achieve his or her desired objectives is engaged
Sonja [21]

Answer:

entrepreneur

Explanation:

An entrepreneur is an individual who initiates the process of creating and managing a business entity with profit motives. They start with developing a business idea and transform it into a successful venture. Entrepreneurs assume the risks associated with starting a new business. They risk their capital, time, and energy with the expectation to make profits.

Entrepreneurs are creative and innovative people. They spot business opportunities where others don't.  Entrepreneurs develop products and services that address the community's needs.

5 0
2 years ago
Other questions:
  • An investment of $10,000 has an investment/inflow ratio of 6.2 and a useful life of12 years. What are the annual cash inflow and i
    5·1 answer
  • Applicants for becoming FBI Special Agents can be _____.
    6·2 answers
  • Sally is a member of a work team at beauty-r-us corporation. she often proposes new solutions to team problems. this is an examp
    7·1 answer
  • Puppy Woes. Sam promised to sell Linda a Welsh Corgi puppy for $300 but backed out of the deal. Linda sued Sam in state court fo
    6·2 answers
  • Which of the following items should be included in a company's inventory at the balance sheet date? A) Goods sold to a customer
    6·2 answers
  • Terry, nick, and frank are forming the doctor partnership. terry is transferring $30,100 of personal cash and equipment worth $2
    13·1 answer
  • Emil Corp. produces and sells wind-energy-driven engines. To finance its operations, Emil Corp. issued $15,000,000 of 20-year, 9
    12·1 answer
  • Jackson State University is evaluating two options. It can perform online distance learning upgrades now for $275,000 or it can
    9·1 answer
  • A dealer buys 10,000 shares of ABC common at $20 for its inventory. One week later the stock is quoted at $22 - $23, and a custo
    7·1 answer
  • The sum of all five terms of an arithmetic sequence is $55$. Find the sum of the first three terms of the sequence if the sum of
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!