subject
Business, 21.11.2019 00:31 cdfvghjk

Brad, who uses the cash method of accounting, lives in a state that imposes an income tax (including withholding from wages). on april 14, 2019, he files his state return for 2018, paying an additional $600 in state income taxes. during 2019, his withholdings for state income tax purposes amount to $3,550. on april 13, 2020, he files his state return for 2019 claiming a refund of $800. brad receives the refund on june 3, 2020. if he itemizes deductions, how much may brad claim as a deduction for state income taxes on his federal income tax return for calendar year 2019 (filed in april 2020)? a.$3,550 b.$3,350 c.$5,150 d.$4,150 e. none of these choices are correct.

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 09:30
What are two benefits of consumer programs
Answers: 2
question
Business, 22.06.2019 17:30
Gary lives in an area that receives high rainfall and thunderstorms throughout the year. which device would be useful to him to maintain his computer?
Answers: 2
question
Business, 22.06.2019 19:30
About 20 years ago, sturdy light, inc., produced a sturdy, lightweight backpack in a market that was rapidly growing. sturdy light became a leader in this market. eventually, the backpack market reached the maturity stage and slowed down. however, by this time, sturdy light had developed a strong brand name and continued to steadily lead the market. which of the following describes this scenario? a. sturdy light was a star that developed into a cash cow. b. sturdy light was a question mark that developed into a star. c. sturdy light was a dog that developed into a question mark. d. sturdy light was a cash cow that developed into a star.
Answers: 2
question
Business, 22.06.2019 21:20
Which of the following best explains how trade enables greater specialization among producers? a. trade diversifies the market by bringing specialized goods from around the world. b. trade requires distribution networks and adds one more step to the production process. c. trade enables producers to open up new markets for their goods and services. d. trade allows people to focus on one kind of production and trade for their other needs.
Answers: 1
You know the right answer?
Brad, who uses the cash method of accounting, lives in a state that imposes an income tax (including...
Questions
question
Mathematics, 16.01.2021 06:00
question
History, 16.01.2021 06:00
question
Geography, 16.01.2021 06:00
question
Mathematics, 16.01.2021 06:00
question
English, 16.01.2021 06:00
question
Mathematics, 16.01.2021 06:00
question
Mathematics, 16.01.2021 06:00
question
Mathematics, 16.01.2021 06:00
question
History, 16.01.2021 06:00
Questions on the website: 13722360