subject
Mathematics, 13.09.2021 16:30 syyyd423

Buck and Georgia are married and file a joint return for 2021. They have wage income of $150,000; net long-term capital gains of $25,000; net short-term capital gains of $8,000; corporate bond interest of $4,000; share of S corporation income of $10,000; cash distributions from the S corporation of $3,500; ordinary cash dividends of $5,250; qualifying cash dividends of $7,000; inheritance received from deceased aunt’s estate of $50,000; deductions for AGI (Adjusted Gross Income) of $11,000; itemized deductions of $26,500; tax credits of $2,500; and estimated tax payments and withholding of $23,000. Their applicable standard deduction is $25,100. Using the appropriate tax schedule, compute their tax due or refund. [Note – you must show and label all calculations, including the AGI, Taxable Income, and Tax Liability amounts.]Plz use excel for answer! Thank you :)

ansver
Answers: 2

Another question on Mathematics

question
Mathematics, 21.06.2019 19:00
Gh bisects fgi. find the measure of hgi β€’15Β° β€’21Β° β€’10Β° β€’8Β°
Answers: 2
question
Mathematics, 22.06.2019 01:00
Exclude leap years from the following calculations. (a) compute the probability that a randomly selected person does not have a birthday on october 4. (type an integer or a decimal rounded to three decimal places as needed.) (b) compute the probability that a randomly selected person does not have a birthday on the 1st day of a month. (type an integer or a decimal rounded to three decimal places as needed.) (c) compute the probability that a randomly selected person does not have a birthday on the 30th day of a month. (type an integer or a decimal rounded to three decimal places as needed.) (d) compute the probability that a randomly selected person was not born in january. (type an integer or a decimal rounded to three decimal places as needed.)
Answers: 1
question
Mathematics, 22.06.2019 01:50
The area of each triangle is 7 square units. the surface area of the triangular prism is
Answers: 1
question
Mathematics, 22.06.2019 03:00
The least common multiple is the multiple, other than 0, common to sets of multiples.
Answers: 3
You know the right answer?
Buck and Georgia are married and file a joint return for 2021. They have wage income of $150,000; ne...
Questions
question
Mathematics, 16.12.2019 02:31
Questions on the website: 13722363