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stiv31 [10]
2 years ago
7

Which of the following should be included in an individual taxpayers federal gross income

Business
1 answer:
Kobotan [32]2 years ago
8 0

Answer:

I believe your wages, dividends, business income, capital gain, retirement distributions as well as other income should all be included in an individual  gross business income

Explanation:

Let me know if this helps!

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Answer:

True

Explanation:

yes it is true that you should ask the taxpayer if they had any other interest income to avoid double taxation elsewhere

7 0
3 years ago
How do you determine retained earnings at year end
Sonbull [250]

Explanation:

The retained earnings are calculated by adding net income to (or subtracting net losses from) the previous term's retained earnings and then subtracting any net dividend(s) paid to the shareholders. The figure is calculated at the end of each accounting period (quarterly/annually.)

Hope it helped u if yes mark me BRAINLIEST

4 0
3 years ago
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Emmett, an agent for Fridley, signs an agreement with Grover on Fridley's behalf but neglects to tell Fridley that the agreement
Mariulka [41]

Answer:

Option A. Liable, because notice to Emmett is notice to Fridley.

Explanation:

The reason is that the principle is liable for the outcome of the Emmett actions in the principle's behalf. So it is clear that Fridley is liable. The agent have to work in the best interest of its principal which means that the failure to notify the additional tax liability to Fridley was part of agent's fiduciary duty. This means that the principle can sue its agent for the consequences of not placing the sufficient care to its principle.

The Fridley is also responsible because Emmett is acting as Fridley which means the notice to Emmett is actually notice to Fridley.

6 0
2 years ago
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If the fed expands the money supply by $1 trillion, what will happen in the money market?
natta225 [31]
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4 0
3 years ago
Asking a job applicant if he or she has ever been treated for drug addiction is an example of a(n)
Vladimir [108]

This is an illegal question. You may ask about a person's convictions for drug related charges, but you should not ask about treatment. This could also be classified as a needless question, but mostly illegal.

4 0
3 years ago
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