Answer:
Answers below
Explanation:
a) Laureen's AGI - $45,000
For 2 daughter - AOTC is - (2000*2child)+(800*25%+2child)
=4000+400
=4400
For Ryan - 1900
AOTC - 6300
Laureen lifetime learning credit - Eligible is 2000 (The amount of the credit is 20 percent of the first $10,000 of qualified education expenses or a maximum of $2,000 per return)
so in above case it is - 1200*20% =240 (Since AGI is below clip of 56000 he can claim same)
=6300+240 = 6540 is eligible deduction
b)
Since AGI is 95000
AOTC can't be calimed if AGI is above 90000 and hence AOTC is zero and Lifetime learning credit can't be claimed if AGI is above 56000.. Hence it is zero education credit
c)
For Daughter it is same as a above i.e. 4,400
For Ryan it is = 2000+(10000*25%) or maximum 4000
=2000+2500 or 4000
so 4000 is allowed
so AOTC total of 8400 and LLC of 240 so claimed is 8640
The various functions of MNC are:
Promotion of foreign investment.
Technology transfer.
Promotion of exports.
Investment in infrastructure.
Answer:
state government
Explanation:
Counties, towns, and cities collect their money mostly from taxes and fees charged to enterprises. The State government is in charge of collect taxes such as income, sales, and property taxes.
The correct option is D.
To progress in life and to achieve one's desires one has to set short and long term achievable goals which will drive one toward one's desires.
The goals should be very specific and it must has a time frame, it must be an achievable goal whose achievement will drive you towards achieving a greater one.<span />
