Business, 13.09.2019 00:30 Netnee

In 2018, marvin, a cash basis taxpayer, took a $2,000 itemized deduction for state income taxes paid. this increased his itemized deductions to a total that was $800 more than the standard deduction. in 2018, marvin received a $1,600 refund when he filed his 2018 state income tax return. marvin was in the 12% marginal tax bracket in 2018, but was in the 35% marginal tax bracket in 2019. how much must marvin include in his gross income for 2019?

Answers: 3

Show answers

Another question on Business

Business, 22.06.2019 00:40

Gdonald was unhappy that his company did not provide good transport facilities. he found it very strenuous to drive to work on his own, and this eventually led to job dissatisfaction. hence, he recommended ways to solve this problem. according to the evln model, this information suggests that donald's main reaction to job dissatisfaction was:

Answers: 3

Answer

Business, 22.06.2019 09:00

According to this excerpt, a key part of our national security strategy is

Answers: 2

Answer

Business, 22.06.2019 16:50

Slow ride corp. is evaluating a project with the following cash flows: year cash flow 0 –$12,000 1 5,800 2 6,500 3 6,200 4 5,100 5 –4,300 the company uses a 11 percent discount rate and an 8 percent reinvestment rate on all of its projects. calculate the mirr of the project using all three methods using these interest rates.

Answers: 2

Answer

Business, 22.06.2019 21:00

At present, the united states has an embargo against north korea because a. the two countries have extremely poor political relations. b. north korea will not adopt a capitalist government. c. north korean products are too difficult to use. d. north korea has an embargo on american products. e. products from north korea are in higher demand than american-made products.

Answers: 2

Answer

You know the right answer?

In 2018, marvin, a cash basis taxpayer, took a $2,000 itemized deduction for state income taxes paid...

Questions