What is his child and dependent tax credit

Assignment Help Accounting Basics
Reference no: EM132734242

Question - Richard is a head of household with four dependent children. The twins are 18 years old and the two younger ones are 12 and 10. Richard's AGI is $245,000 for 2019. What is his child and dependent tax credit?

a. 8,000

b. 5,750

c. 5,750

d. 4,500

e. 5,000

Reference no: EM132734242

Questions Cloud

Images and templates : Explain whether or not you believe including images in documents is a professional option when creating a document.
Discuss plan to properly close your project : Identify and discuss your project's greatest challenges (at least three) and provide a recommendation for addressing each of the challenges.
Food beliefs of people of french canadian heritage : Choose one culture from this week's readings with whom you have never worked. Discuss the food or dietary beliefs and practices for that culture
Healthcare statistics routinely collected : Discuss five different healthcare statistics routinely collected within a management system and how they can be used to improve healthcare
What is his child and dependent tax credit : The twins are 18 years old and the two younger ones are 12 and 10. Richard's AGI is $245,000 for 2019. What is his child and dependent tax credit
Employment opportunity and employment discrimination : Conduct some independent research and share some of the significant regulations concerning equal employment opportunity and employment discrimination.
Discuss non-monetary benefits open trade has contributed : How have changes to US trade and tariff policies affected US trade with other nations? Consider recent (less than 2 years old) credible news sources
What is the difference between fiscal and monetary policy : Would a constitutional amendment that would require the federal government to balance its budget (incur no deficits) be desirable? Explain.
General health promotion proposal : From the assigned readings, choose an individual model to promote health behavior which you believe will support the general health promotion proposal

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.

  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!

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