Find the taxable income for Lorenda and James Atlas, a husband and wife with no children who

Question:

Find the taxable income for Lorenda and James Atlas, a husband and wife with no children who have an adjusted gross income of $56,000 and are filing jointly. Their total itemized deductions are $13,589?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Business Math

ISBN: 978-0133011203

10th edition

Authors: Cheryl Cleaves, Margie Hobbs, Jeffrey Noble

See More Books

Question Posted: Mar 11, 2016 02:07 AM

See More Questions

Find the taxable income for Mario Gravez, a single person whose adjusted gross income is $37,486 and whose itemized deductions are $5,412?
Gene and Dixie, husband and wife (ages 35 and 32), both work. They have an adjusted gross income of $50,000, and they are filing a joint income tax return. What is the maximum IRA contribution they...
Given the following data, calculate the adjusted gross income (AGI) for David Brown's family. What are their total itemized deductions? How many personal exemptions do they receive, and how much does...
A proposed project has fixed costs of $84,000 per year. The operating cash flow at 7,500 units is $93,000. Ignoring the effect of taxes, what is the degree of operating leverage? If units sold rise...
During the fiscal year ended June 30, 2013, Harmon School District (see exercise E4- 2) paid salaries of $ 2,160,000, chargeable to the instruction appropriation. Instruction salaries for the last...
In this assignment, I would like you to start your essay by writing the thesis paragraph and two paragraphs supporting that thesis with a close-reading of the short story you are working with. Your...
A shock wave is a very thin layer (thickness $=\ell$ ) in a highspeed (supersonic) gas flow across which the flow properties (velocity, density, pressure, etc.) change from state (1) to state (2)...
Juda Company manufactures and sells a single product. The company's sales and expenses for last year follow: Requirements 1. Fill in the missing numbers in the table. Use the table to answer the...
Problem 4. A thin-walled cylindrical tank, under internal pressure, p, is compressed by a force, F = 75 kN. The inner diameter of the cylinder is d = 90 mm, and the wall thickness, t = 5.5 mm. The...
There are only two risky assets (stocks) A and B in the market. Mean 20% B 10% The returns on the two assets have zero correlation. A Standard Deviation 10% 5% A. Assume that there is no risk-free...
Find the taxable income for the Zuckmans, a family of four (husband, wife, two children), if the adjusted gross income is $34,728, and the itemized deductions are $10,246?
Find the tax on the following taxable income: $172,478 (married, filling separately)
Write a symbolic representation (formula) for a function g that calculates the given quantity. Then evaluate g(10) and interpret the result. The number of feet in x miles
A rectangular swimming pool is 19 meters long, 14(1)/(2) meters wide, and 1(1)/(2) meters deep. What is its volume? The volume is cubic meters.
State All the answers that are CORRECT. There will be no deduction for gift for YR1 and YR2 The loss available for offset against YR 3 profit will be $4000 The loss available for offset against YR 3...
A leaky bucket picks up 20 litres of water from a well but drips out 1 litre every second from the bottom. If the bucket was lifted 5 metres from the surface of the water at a constant speed of 2...
What value of x makes triangle FGH similar to triangle MNP? 12 H 15 F 9 G P 4 M N
CASE SYNOPSIS; Canada Post Corporation is a crowned entity- owned and operated by the federal government of Canada. The Canadian post workers are represented by the Canadian Union of Postal Workers...
A method of finding values beyond those given is considered. By using a straight-line segment to extend a graph beyond the last known point, we can estimate values from the extension of the graph....
From a medical tourist perspective, compare Shouldice with the traditional hospital in terms of the key factors of competition. Using Table 15-3, why would Shouldice attract patients from outside the...
Alicia works in a restaurant that has monthly costs of $1500 for rent, $2000 for salaries, and $1700 for other expenses. On the menu, the restaurant has entrees that sell for $9.99 each. On average,...
Quick print Services operate several franchises, where it prints brochures, business cards, and stationery. It plans to sell 80 jobs next week, at an average cost of $52 each. Its weekly expenses are...
Maritime Insurance projected revenue of $2 995 200, total variable costs of $778 752, and fixed costs of $1 962 000 for the next year. Answer each of the following independent questions, rounding all...
What is one specific security tactics to protect the network. Identify specific tools selections to accomplish compliance and audit requirement Describe how alerts would be collected and presented...
1. Solve each equation for x, where 0x & a) sin x-= 0 b) cosx-3 cosx+2=0
Explain Article III Standing, and explain how to achieve standing. b) Explain Negligence, and provide an example of a Negligence claim. c) What happened in the case of Genesco v. Visa? d) Explain the...

Find the taxable income for Lorenda and James Atlas, a husband and wife with no children who

Question:

Step by Step Answer:

Exemptions 37...View the full answer

Business Math

Students also viewed these Finance questions