subject
Business, 11.12.2019 17:31 kenyatte97

Betty operates a beauty salon as a sole proprietorship. betty also owns and rents an apartment building. this year betty had the following income and expenses. determine betty's agi and complete page 1 of form 1040 for betty. you may assume that betty will owe $2,502 in self-employment tax on her salon income with $1,251 representing the employer portion of the self-employment taxes. interest income $ 11,255salon sales and revenue 86,360salaries paid to beauticians 45,250beauty salon supplies 23,400alimony paid to her ex-husband, rocky 6,000rental revenue from apartment building 31,220depreciation on apartment building 12,900real estate taxes paid on apartment building 11,100real estate taxes paid on personal residence 6,241contributions to charity 4,237

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 16:40
Determining effects of stock splits oracle corp has had the following stock splits since its inception. effective date split amount october 12, 2000 2 for 1 january 18, 2000 2 for 1 february 26, 1999 3 for 2 august 15, 1997 3 for 2 april 16, 1996 3 for 2 february 22, 1995 3 for 2 november 8, 1993 2 for 1 june 16,1989 2 for 1 december 21, 1987 2 for 1 march 9, 1987 2 for 1 a. if the par value of oracle shares was originally $2, what would oracle corp. report as par value per share on its 2015 balance sheet? compute the revised par value after each stock split. round answers to three decimal places.
Answers: 1
question
Business, 22.06.2019 17:30
Alinguist had a gross income of 53,350 last year. if 17.9% of his income got witheld for federal income tax, how much of the linguist's pay got witheld for federal income tax last year?
Answers: 2
question
Business, 22.06.2019 18:00
Martha entered into a contract with terry, an art dealer. according to the contract, terry was to supply 18 th century artifacts to martha for the play she was directing, and martha was ready to pay $50,000 for this. another director needed the same artifacts and was ready to pay $60,000. terry decided not to sell the artifacts to martha. in this case, the court may order terry to:
Answers: 2
question
Business, 22.06.2019 22:30
Upper a report about the decline of western investment in third world countries included this: "after years of daily flights comma several european airlines halted passenger service. foreign investment fell 400 percent during the 1990 s." what is wrong with this statement? choose the correct answer below. a. if foreign investment fell by 100 % comma it would be totally eliminated comma so it is not possible for it to fall by more than 100 %. b. the actual amount of the decrease in foreign investment is less than 100%. c. if foreign investment fell by 100%, it would be cut in half. thus, a decrease of 200% means that it would be totally eliminated, and a decrease of more than 200% is impossible. d. the statement does not mention the initial amount of foreign investment.
Answers: 3
You know the right answer?
Betty operates a beauty salon as a sole proprietorship. betty also owns and rents an apartment build...
Questions
question
Mathematics, 16.08.2021 22:30
question
Social Studies, 16.08.2021 22:30
question
English, 16.08.2021 22:30
question
Mathematics, 16.08.2021 22:30
Questions on the website: 13722361