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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>

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Select the correct answer.
riadik2000 [5.3K]

According to the research, Joana is demonstrating responsibility for delivering a last-minute presentation on behalf of her team.

<h3>What is responsibility?</h3>

It is the quality of that individual who fulfills his obligations and assumes the consequences of his acts.

Through it, individuals make decisions consciously and take responsibility for the consequences that may arise from them, in addition, it implies the commitment to fulfill agreements and obligations.

Therefore, we can conclude that according to the research, Joana is demonstrating responsibility for delivering a last-minute presentation on behalf of her team.

Learn more about responsibility here: brainly.com/question/12656357

#SPJ1

7 0
2 years ago
As applied to mortgage loans, which of the following statements is FALSE? By increasing the number of payments per year you incr
Ann [662]

Answer:

The statement that is false about mortgage loans is Advertised rates are annual percentage rates.

Explanation:

Mortgage loan refers to a loan that uses real estate as collateral to receive cash upfront to be redeemed after the loan repayment is completed. if the loan is not remitted as at when due , the lender lays claim to the real estate property.

By increasing the number of payments per year you increase your effective borrowing rate.

When you use a spreadsheet to calculate your interest rates, it uses the periodic interest rate, not the annual percentage rate.

You can find a monthly payment by dividing the annual payment by 12.

However, advertised interest rate are not the same as your loan's annual percentage rate (APR) because other charges like mortgage insurance, closing costs, discount points and loan origination fees apply.

5 0
3 years ago
Increasing returns would be a situation where a firm increases its workforce and other inputs by:
Arte-miy333 [17]

The increasing returns would be a situation in which the firm increases their workforce and other inputs in a matter of having to increase the workforce by five percent and having to increase the output in a total of eight percent.

6 0
4 years ago
Which of the following could describe a point that lies on an input contract curve? a. An allocation of good X and good Y betwee
kiruha [24]

Answer:

An allocation of labor (L) and capital (K) between two firms that makes the firms' isoquant curves tangent in an Edgeworth box  ( C )

Explanation:

A contract curve is a curve on which the various final allocations of two goods or service between two people are represented and this could be mutually beneficial as well. hence the best description of a point that lies on an input contract curve is An allocation of labor (L) and capital (K) between two firms that makes the firms' isoquant curves tangent in an Edgeworth box

3 0
3 years ago
Fill in the blanks
lianna [129]

Answer:

1ooo

Explanation:

because the important

4 0
4 years ago
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