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Zina [86]
2 years ago
6

Schedule 1 (Form 1040), lines 8z and 24z will be used to report other ____________ that do not have their own designated line.

Business
1 answer:
Korolek [52]2 years ago
7 0

The lines 8z & 24z in Schedule 1 (Form 1040) are used to report <u>other Income and adjustments</u> that do not have their own designated line.

<h3>What is Form 1040?</h3>

The Form 1040 is a tax document used by taxpayers to file an annual income tax return.

In the schedule form 1040, the line 8  report other incomes like:

  • net operating loss
  • gambling income
  • cancellation of debt
  • jury duty
  • pay prize

In the schedule form 1040, the line 24 report other adjustments like:

  • housing deduction
  • attorney fees etc

In conclusion, the lines 8z & 24z in Schedule 1 (Form 1040) are used to report <u>other Income and adjustments</u> that do not have their own designated line.

Read more about Form 1040

<em>brainly.com/question/4120733</em>

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A term describing a firm's normal range of operating activities is: (a) Relevant range of operations. (b) Break-even level of op
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Answer:

A firm's normal range of operating activities is relevant range of operations.

Explanation:

Relevant range of operations can be described simply as a firm or company's expected range of activities without any extreme economic conditions. It is the range where the firm operates in normal conditions. Within this range the firm's operations run smoothly. Outside this range revenue and expenditure may fluctuate from what was expected.

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3 years ago
If a transformational leader is supposed to be so smart and visionary, why would he or she emphasize empowerment in his or her l
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Explanation:

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I hope you find this information useful and interesting! Good luck!

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3 years ago
I am planning to reduce the duration of lunch break by 10 minutes. Does anyone have any objection to this policy? In the context
NikAS [45]

Answer:

a) the leader presents ideas and invites questions.

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Leadership continuum is a leadership style which describes the relationship with respect to the autonomy that a manager gives to his subordinates, and the level of authority used by him/ her. This is a inverse proportional relation which reduces the authority of the manager when team's freedom increases. It debases an autocratic rule by a manager, especially in taking decisions.

The example cited in the question is a way of taking decision by suggestions by expecting questions from his team.

5 0
3 years ago
At the high level of activity in November, 12000 machine hours were run and power costs were $22000. In April, a month of low ac
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Answer:

The estimated fixed cost element of power costs is $10,000

Explanation:

For computing the fixed cost first we have to calculate the variable cost per unit which is shown below:

= (High power cost -  low power cost) ÷ (High machine hours - low machine hours)

= ($22,000 - $15,000) ÷ (12,000 - 5,000)

= $7,000 ÷ 7,000

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4 0
3 years ago
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