1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
statuscvo [17]
2 years ago
7

Joseph (43) and Azalea (44) are married with no dependents. They will file separate returns for 2020. Joseph files his return fi

rst and claims total itemized deductions of $22,500. If Azalea chooses to claim the standard deduction on her return, what is the maximum amount she may claim
Business
1 answer:
Nataly [62]2 years ago
7 0

Since Azalea chooses to claim the standard deduction on her return,then, the maximum amount she may claim is $0.

In filing, a married couples who are filling separate returns should claim the same deduction.

  • If one of them claimed an Itemized deduction, then, the other should claim the same for the expenses paid separately.
  • If one of them claimed a itemized deduction then, the other would get a standard Deduction of Zero.

In conclusion, Since Azalea chooses to claim the standard deduction on her return,then, the maximum amount she may claim is $0.

Read more about standard deduction

<em>brainly.com/question/13757943</em>

You might be interested in
This is weird what is ya favorite anime character
malfutka [58]

Answer:

naruto

Explanation:

He is my favourite anime character.........

4 0
3 years ago
Determine the average rate of return for a project that is estimated to yield total income of $936,000 over eight years, has a c
Feliz [49]

Answer:

18%

Explanation:

The computation of the average rate of return is shown below:

The average of annual income is

= $936,000 ÷ 8 years

= $117,000

And, the average investment is

= ($1,200,000 + $100,000) ÷ 2

= $650,000

Now the average rate of return is

= $117,000 ÷ $650,000

= 18%

6 0
3 years ago
What is the effect on NPV of an asset if the salvage value is ignored?A)NPV would be understated. B)No effect C)NPV would be ove
Anna11 [10]

Answer:

The correct answer is A)NPV would be understated.

Explanation:

NPV is the difference between the present value of cash inflows and the present value of cash outflows over a period of time.

The Salvage value is added at the end of the cash flow. So is a cash inflow.  

And if we ignore salvage value the difference, the cash inflows will be smaller,  so the NPV would be understated.

6 0
3 years ago
John is a math whiz who enjoys working hard. While he can collaborate, he prefers to work alone. Which of the following marketin
kirill115 [55]
The answer is b
Hope this helps.
3 0
3 years ago
Write an equation of the line that passes through the points (2, -3) and (1,4).
Tema [17]
I Think The answer is a I hope it helps Message Me if I’m wrong and I’ll change My answer and fix it for you
4 0
3 years ago
Other questions:
  • Nadya and Owen work at Purified Water Company. Nadya is a sales representative who works with Purified’s customers, including re
    7·1 answer
  • Which statement describes the political state of africa after most counties gained independent
    8·2 answers
  • A company applies overhead at a rate of 150% of direct labor cost. Actual overhead cost for the current period is $1,150,000, an
    9·1 answer
  • Please discuss the impact of monetary policy tightening with regards to both unemployment and inflation with respect to both the
    13·1 answer
  • A parent company exchanges 30,000 shares of its $1 par value common stock, with a market value of $10/share, for all of the shar
    14·1 answer
  • McKinnon Inc. reports in its 2013 annual report 10-K, sales of $2,045 million and cost of goods sold of $818 million. For next y
    13·1 answer
  • Wassup who down to talk
    8·2 answers
  • What will happen to a project's schedule if there are resource overloads and the critical path is delayed?
    14·1 answer
  • A home equity loan can be risky because the lender can foreclose if you don’t make your payments
    13·2 answers
  • Which of the following is not a reason why infectious diseases like malaria and HIV/AIDS often hamper economic development? A. L
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!