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VashaNatasha [74]
2 years ago
11

1. Which of the following people is/are legally required to file a tax return?

Business
1 answer:
mr_godi [17]2 years ago
4 0

These people are legally required to file tax return.

Greg, who can be claimed as a dependent and earned $12,650 last year.

Erin, who cannot be claimed as a dependent and earned $14,000 last year.

<h3>What is tax return?</h3>

Tax return is a form that is filled by tax payer which contain income, expenses or tax information .

This enable the tax payer to calculate their tax liability, tac expenses or schedule.

Those that can required to file tax return are ;

  • A single person Under 65 of ageand income of $12,550
  • 65 or older with income $14,250
  • Married filing jointly Under 65 (both spouses) $25,100
  • 65 or older (one spouse) with income $26,450
  • 65 or older (both spouses) with income of $27,800
  • Married filing separately Any age $5
  • Head of household Under 65 with income of $18,800
  • 65 or older with income $20,500
  • Qualifying widow(er) Under 65 with income of $25,100.
  • 65 or older.

Therefore,

These people are legally required to file tax return.

  • Greg, who can be claimed as a dependent and earned $12,650 last year.
  • Erin, who cannot be claimed as a dependent and earned $14,000 last year.

For more details on tax return check the link below.

https://brainly.com/question/28504589.

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Please help it’s a final
jok3333 [9.3K]

Answer:

the last one. its the only one that makes the most sense

3 0
3 years ago
Worker Corporation allocates its single support department to its operating departments based on the single rate method using ma
Firlakuza [10]

Answer:

$85 per machine hour

Explanation:

                                                                Actual           Budgeted

Fixed costs                                           $50,000          $47,960

Machine hours – Assembly                   1,900               1,976

Variable costs – Assembly                 $121,000         $120,000

since the single rate method does not distinguish between fixed or variable costs, in order to determine the cost allocation rate we must add the fixed allocation rate and the variable allocation rate:

  • variable allocation rate = $120,000 / 1976 machine hours = $60.73
  • fixed allocation rate = $47,960 / 1976 = $24.27

total = $60.73 + $24.27 = $85 per machine hour

7 0
3 years ago
Why might a company choose an open office layout?
anyanavicka [17]

A company might want to go for an open office layout because they want to foster creativity and collaboration

See the explanation bellow

<h3>The reason companies choose an open office layout</h3>

Although this type of layout has its own disadvantages one especailly is dealing with a noisy work floor, however, its has proven to be more advantageous in that it promotes collaboration and good work culture among staffs and co-workers.

In recent times, the agile method of product delivery suggests the open work floor as against the cubicle type of office space because it works best in a fast pace working environment.

Learn more about open office layout here:

brainly.com/question/2619283

#SPJ1

5 0
1 year ago
Identify each action listed here as a federal, state, or shared power.
Korvikt [17]

Answer:

Appropriate funds for social programs  <u>SHARED POWER</u> ⇒ THERE ARE BOTH FEDERAL AND STATE SOCIAL PROGRAMS, AND EACH ONE GATHERS FUNDS FOR THEM

Construct a new highway  <u>SHARED POWER</u> ⇒ BOTH STATES AND THE FEDERAL GOVERNMENT CAN BUILD HIGHWAYS

Redesign and print the hundred-dollar bill  <u>FEDERAL POWER</u> ⇒ ONLY THE FEDERAL GOVERNMENT CAN PRINT MONEY

Determine the requirements to receive a driver's license  <u>STATE POWER</u> ⇒ STATE GOVERNMENTS DETERMINE THE REQUIREMENTS FOR ISSUING DRIVING LICENCES, E.G. AGE

Raise taxes  <u>SHARED POWERS</u> ⇒THERE ARE FEDERAL, STATE AND MUNICIPAL TAXES, AND EVERY GOVERNMENT LEVEL DETERMINES THEIR OWN TAX RATES.

Negotiate a trade agreement with the European Union <u>FEDERAL POWERS</u> ⇒ THE COMMERCE CLAUSE ESTABLISHES THAT ONLY CONGRESS CAN REGULATE INTERSTATE COMMERCE. THE EXECUTIVE BRANCH MAY NEGOTIATE A DEAL BUT CONGRESS MUST APPROVE IT.

Explanation:

5 0
3 years ago
If there is no written designated agency relationship, a client of Meramac Realty has what kind of relationship with Meramac
LuckyWell [14K]

Answer: c. A nonagency relationship with everyone in the office.

Explanation:

For an agency relationship to exist in the eyes of the law, there must be a contract with a written designated agency relationship between the client and Meramac Realty.

With no such contract in existence, the law recognizes no agency relationship between Meramac and any of its affiliates with the client. There is therefore a non-agency relationship with everyone in Meramac.

5 0
2 years ago
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