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icang [17]
3 years ago
8

Magdalena Schmitz has undergone some major changes in her life recently. In 2019, at the age of 46, her husband, Roger, passed a

way. Magdalena has not remarried as of the end of 2020. Magdalena currently lives in Bedford, Pennsylvania. She was living in Pittsburgh when her husband passed away but she moved back to her childhood home so she could get help from her family raising her children. Magdalena was employed in Pittsburgh early in the year but left that job and relocated 100 miles away to pursue a new life and start her new job. Magdalena has three children (ages as of the end of the year): Alyssa (23), Tyler (16), and Connor (11). Magdalena would like to determine her federal income tax under the filing status that is most advantageous for he
Business
1 answer:
Leya [2.2K]3 years ago
7 0

Answer:

Magdalena Schmitz

Magdalena can use the Qualifying Widow Filing Status for 2020 and 2021.

Explanation:

The qualifying widow/widower status enables Magdalena to apply the standard deduction for a married couple filing jointly for the first two years after the year of her husband's death.  She is entitled to file under this status because she has at least one dependent child, Connor (11).  After 2021, if she remains unmarried, she can start to file as a single taxpayer with the status of "Married, Filing Separately."

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ycow [4]

Answer: Budgeted Raw Material to be consumed in July.

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10,200                 $6                             $61,200

Explanation:

As for the information provided, the material at month end in hand shall be:

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If in June at month end, the inventory in hand = 2,040 pounds of raw material.

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Therefore, total requirement in July = \frac{2,040}{0.20} = 10,200\ pounds

This basically means:

Total inventory required =

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10,200                 $6                             $61,200

5 0
3 years ago
Work you do for pay is called a _____. Please help ASAP!!!!!!
stich3 [128]
One would assume that the answer is “Job”
6 0
3 years ago
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True or false alcohol and drug abuse only affects intoxicated individuals
AURORKA [14]
<span>The answer would be false. Alcohol and Drug abuse certainly physically affects only the user, but when it comes to mental, emotional, and financial aspects alcohol and drug abusers affect the people around them, their families, and in extension, society also. That is why alcohol and drug abuse is considered a public health issue as it affects many people apart from the user himself/herself. </span>
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David contributes investment land with a basis of​ $24,000 and an FMV of​ $40,000 to a partnership for a​ 10% interest in partne
creativ13 [48]

Answer:

C) $1,200 capital gain.

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4 years ago
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285.50 -

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7 0
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