User Account

All Pages

What amount of detection for agi would be required

Assignment Help Accounting Basics
Reference no: EM131814259

Troy and Tracy are married and file a joint income tax return. Their adjusted gross income is $30,000 per year. On last years return, the Tanks claimed a $960 credit for child care expenses. The Tanks are in the 15% marginal income tax bracket. What amount of detection for AGI would be required to equal the tax benefit of a $960 child care credit?

Reference no: EM131814259

Questions Cloud

Summary of the implications for nursing practice : Proposed changes to improve the quality of the study, capitalizing on the strengths and improving on the weaknesses you identified in the study.
Discuss the crisis of fair value accounting : Topic: Laux and Leuz (2009) discuss the crisis of fair value accounting following recent international financial turmoils
How much is the depreciation expense : Williams Company purchased a machine costing $34,900 and is depreciating it over a 10-year estimated useful life with a residual value of $3,900.
The internal growth rate of firm is best described : The internal growth rate of a firm is best described as the:
What amount of detection for agi would be required : What amount of detection for AGI would be required to equal the tax benefit of a $960 child care credit
Review case study of Williams Optical Inc : Williams Optical Inc. is considering a new lean product cell. The present manufacturing approach produces a product in four separate steps.
What surgical procedure did he undergo : Which tests were negative? What does the term negative mean in this situation?What surgical procedure did he undergo?
Determine the amounts red rock should record : Determine the amounts Red Rock should record in the separate accounts for the land, the building, and the equipment
What category of swot elements of information are available : Discuss what categories of the SWOT elements of information are readily available on the internet. What other sources of information can you use effectively?

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd