Answer:
Mortgage interest of $7,875 and property taxes of $1,850.
Explanation:
A tax deduction can be defined as the total amount of money that one can deduct to lower their tax liability. More tax deductions always implies a reduced tax liability. In dealing with mortgage payments, tax deductions should be considered carefully to determine how much one tax one needs to pay. The following mortgage expenses are considered for deductions;
1. Mortgage interest
A mortgage interest deduction is a deduction that allows homeowners to subtract the interest on the loan they used to pay for the purchase, improvements or building of a home. In our case, Hilda and Hyatt are liable to a deduction of $7,875.
2. Property tax
In general, state and local property taxes are eligible to be deducted from the federal income taxes of a property owner. The only taxes that are deductible are state, local and foreign taxes levied for public welfare. They do not include services like home renovation and trash collection. The federal tax as of 2018 for property tax was capped at a total of $10,000. This means that any property tax value below $10,000 was eligible to a property tax deduction of that amount.
Answer:
$2.50
Explanation:
Given that,
Dividend Paying out under a policy = 45% of its income
Net income = $1,250,000
Number of shares outstanding = 225,000
Total dividends:
= 45% of its income
= $ 1,250,000 × 45%
= $562,500
Dividend per share:
= Total dividends ÷ Number of shares outstanding
= $562,500 ÷ 225,000
= $2.50
An example of an Individual Financial Conflict of Interest (COI) among the choices is a researcher is considering buying stock in a publicly traded company that specializes in making and delivering hand tossed a pizza. Individual Financial COI refers to<span> happens when an individual has a financial interest that might give a biased judgment to have a personal financial gain in relation to their responsibilities in the institution they belong.</span>
Diversifying. It is so that they can tap into other markets.
