Kelly is 28 years old and lives in California. This year 2019 tax year, Kelly bought a new auto for $20,000 plus 1,650 in state and local sales taxes. Besides this sales tax, Kelly also paid $8,260 in state income taxes mortgage interest of $5,500 (400,000 acquisition indebtedness on her residence). If Kelly files single with AGI of $56,000, what amount of itemized deductions will she be eligible to claim

Answers

Answer 1

$8260 + $5500= 13,760 State income taxes, but not sales taxes,


Related Questions

what are some examples of fees that can be seen on a bank statement?

Answers

Many fees can be seen on a bank statement. Some of them include "Monthly Service Fees, Debit or ATM fees, etc."

Other types of fees that can be seen on the bank statement include the following:

Point of Sales fees (POS)

Annual fees

Check fees

Insufficient or Overdraft fees

Withdrawal fees

Stop payment fees

Over limit fees

Returned check fees

Third-party ATM fee, among others.

The purpose of a bank statement is to let the account owner knows what goes on in his accounts. It includes both the credit and debit fees.

Hence, in this case, it is concluded that several fees are recorded on the bank statements

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What is a “work point”?

Answers

Answer:

A work point is an independent entity whose location is defined in space.

Explanation:

Work points may be placed or projected onto part faces, linear edges, or onto an arc or circle. Work points can be constrained to the center points of arcs, circles, and ellipses.

.Un capital de$ 8.000.000 a un interés de 4% en 6 meses

.Un Capital de $20.000.000 a un interés del 7% en un año

.Un capital de $3.000.000 a un interés del 5% en 8 meses
Usted obtiene un préstamo de $5.000.000 para pagar en 6 meses con
un interés del 4% mensual. Cuanto debe cancelar al finalizar el plazo?
(Capital más intereses)

Answers

Answer:I don’t know

Explanation: I don’t know

Answer:

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Explanation:

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True or False: Promotional activities are not included in budgeting with other business expenses.

Answers

Answer:

im sorry but i dont know the answer i would help you

The answer is false

why economic environment is important?

Answers

Answer:

The economic environment consists of external factors in a business market and the broader economy that can influence a business. You can divide the economic environment into the microeconomic environment, which affects business decision making - such as individual actions of firms and consumers - and the macroeconomic environment, which affects an entire economy and all of its participants. Many economic factors act as external constraints on your business, which means that you have little, if any, control over them. 

" i took it from my book, nvm "

Explanation:

brainliest plz

Suppose you are in your first year as a marriage and family counselor and find clients ask you questions about your professionalism and experience. What would be a suggested next step to demonstrate professionalism?

A. receive additional certification
B. give recommendations to clients
C. give resume to clients
D. put license on the wall

Answers

Answer:

c

Explanation:

this would show your clients that you are professinal

Answer:

yea the c one is the correct I know the answer but don't tell me I have copied ok bye...:)

Delectable, Inc.'s unadjusted trial balance includes Accounts Receivable of $10,000; Allowance for Doubtful Accounts of $50 credit balance; and Sales Revenue of $100,000 (all on credit). Management estimates that 2% of credit sales will be uncollectible. Delectable's financial statements will show ______. (Check all that apply.)

Answers

Delectable's financial statements will show Allowance for Doubtful Accounts of $1,000 on balance sheet and Bad debts expense of $950 on Income statement

Here, we are to determine the records of bad debts expenses on Income statement and Allowance for doubtful accounts on Balance sheet.

Bad debts expense = Estimated bad debts - credit balance in allowance account

Bad debts expense = $1,000 - $50

Bad debts expense = $950

                            Journal Entry

General journal                                  Debit   Credit

Bad debts expense                            $950

Allowance for Doubtful accounts                   $950

(Bad debts expense recorded)

The allowance for doubtful account will be $1,000. ($950+$10) because the Allowance for Doubtful Accounts had $50 credit balance.

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Using at least two terms from the unit, summarize the United States’ connection to the history of bananas, as documented in this TED talk.

Answers

Answer:

There was a U.S corporation called El Pupo that specialized in trafficking bananas. Bananas reached America in the early 1500’s. By the end of the 1800’s, bananas were a big hit in the U.S. Because U.S fruit companies wanted to grow their own bananas, they bribed government officials into giving them access to various lands. Rainforests were cleared, plantations were built, and the business escalated from there. Explanation: For anybody who still needs it. I got a 10/10. Just switch the words around a bit and you should be good.

a debit balance in the allowance for uncollectible accounts before year-end adjustment indicates that the company wrote off more bad debts in the current year than it had estimated. true or false?

Answers

Answer:

Explanation:

The Allowance for Doubtful Accounts has a debit balance of $1,000 at the end of the year (before adjustment), and uncollectible accounts estimate based on.

advantage of running your own shop by yourself and disadvantage of running your own shop?​

Answers

Advantages & Disadvantages of Owning Your Own Shop
Advantage: Financial Rewards. ...
Advantage: Lifestyle Independence. ...
Advantage: Personal Satisfaction and Growth. ...
Disadvantage: Financial Risk. ...
Disadvantage: Stress and Health Issues. ...
Disadvantage: Time Commitment.

Answer:

Explanation:

The good is you could make money and get other things you need but the bad is that you need to buy the supplies for the shop. there

[tex]\sf What\: is\: a\: press \:release\:?[/tex]

Answers

A press release is an official statement by a business that is given to the press for public knowledge.

when is a supplier standards form required to be provided to the beneficiary

Answers

A supplier standards form is required to be provided to the beneficiary when requested by the beneficiary on their authorized representative and upon the fist fill

A Medicare provider is known as a person, facility, or agency that Medicare will pay to give care to Medicare beneficiaries. A Medicare provider could be a home health agency, a hospital. etc.

The supplier standard forms is simply known to be a form of notification that must be given to Medicare part B beneficiary when it is requested as always, upon the first of the Medicare part B item for the patient.

Conclusively, without the use of authorized representative in place of beneficiary when needed, the supplier standard forms will not be issued.

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There are 12,000 people living in Toyland. Of these 12,000 people, 1,000 are either too old to work or too young to work. Of the remaining individuals, 5,000 are employed with full-time jobs; 4,000 are employed part time but wish to work full time; 1,000 are currently not working but are looking for work; and the remainder are discouraged workers. The unemployment rate in Toyland is _____, and the percentage of the population that are discouraged workers is _____.

Answers

Answer:

323

Explanation:

because why not just trust me

The unemployment rate in Toyland is 10per cent, and the percentage of the population that are discouraged workers is 23.3per cent. Hence, option D is appropriate.

What is the meaning of Unemployment?

When someone is actively looking for a job while also being able to work, they are said to be unemployed. It is crucial to remember that a person must be actively seeking paid employment in the labor force to be termed unemployed.

The OECD defines unemployment as those over a certain age who are currently available for work but are not currently employed or self-employed. The number of jobless persons as a percentage of the labor force is used to calculate the unemployment rate, which is used to calculate the level of unemployment.

Numerous factors originate from both the supply side, or just the worker, and the demand side, or the employer, that contribute to unemployment. High-interest rates, the world economy being in a recession, and the financial crisis might all affect demand. Frictional unemployment as well as structural employment are major supply-side contributors.

Hence, option D is correct.

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Full Question-

12,000 people are living in Toyland. Of these 12,000 people, 1,000 are either too old to work or too young to work. Of the remaining individuals, 5,000 are employed with full-time jobs; 3,000 are employed part-time but wish to work full-time; 1,000 are underemployed but working full-time jobs; 1,000 are currently not working but are looking for work; and the remainder are discouraged, workers. The unemployment rate in Toyland is _____, and the percentage of the population that are discouraged workers is _____.

a 15 percent; 23.3 percent

b 20 percent; 9.1 percent

c 10 percent; 9.1 percent

d 10 percent; 23.3 percent

Which of the following statements about the technical view of organizations is not true? It sees the firm as being infinitely malleable. It sees the organization as a social structure similar to a machine. It emphasizes group relationships, values and structures. It sees capital and labor as being easily substituted for one another. It focuses on how inputs are combined to create outputs when technology changes are introduced into a company.

Answers

The statement that can not be considered a true statement as regards technical view of organizations is A: It sees the firm as being infinitely malleable.

From a technical view, an organization can be regarded as formal, legal as well as social structure which involves the  processes of resources as inputs, so that output can be produced.

It focuses on the processes that are needed to be followed in order to utilize the inputs for the creation of outputs.

It involves the utilization of change in technology in acheiving the goals of the company.

Therefore, option A is correct.

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the u.s. labor department said american workers set a record in august for taking what action?

Answers

The United States labor department said American workers set a record in August for "quitting their jobs."

The recent statistics released show that about 4.3 million Americans quit their jobs between December 2020 to August 2021.

The statistics show that the 4.3 million Americans that resigned from their jobs formed about 3 percent of the total work population.

According to the U.S Labor Department, this is a record figure in the U.S. labor-related issues.

Hence, in this case, it is concluded that many Americans are quitting their jobs willingly in recent times.

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be possible in the United States?

Answers

Answer:

yes be possible in United to know at all and how to learning .

Explanation:

brainliest me pli

Item
Item
Muhammad is considering investing some of his hard-earned cash by opening a certificate of deposit.
Muhammad is disappointed to learn that If he invests
$500, he will likely only earn an additional
$9 a year from today. So, he decides to invest his funds somewhere that will generate more income for
him. Which of the following did Muhammad find unsatisfactory about the certificate of deposit? (1 point)
Item
Item
Item
O The risk of the investment was too high.
O The return on his investment was too low.
The liquidity of the investment was too high.
The liquidity of the investment was too low.

Answers

What Muhammad found unsatisfactory about the Certificate of deposit is that the return on the investment was too low.

Basically, a certificate of deposit is under a Short term investment instrument which yields low interest value for investors.

The Short term investment yields on investment are low because it is for short period of time and involves lesser risks. Other instruments under Short term investment includes Money market etc.

Therefore, the option C is correct because the Certificate of deposit was seen as unsatisfactory by Muhammad because the return on the investment was too low.

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Answer:

here are all the answers to this quick check

Explanation:

1. an individual purchases stock with the intent to sell it later at a higher price

2. The return on his investment was too low.

3. higher returns and higher liquidity than other investments

4. Elena could purchase multiple assets from multiple sources.

5. She might miss a better investment opportunity because real estate is not particularly liquid.

I just took it and got 5/5 hope this helps :)

actively finding, hiring, and developing the talents of people from traditionally underrepresented groups is the goal of

Answers

The goal of affirmative action includes actively finding, hiring and developing the talents of people from traditionally underrepresented groups.

The Affirmative action are performed by organization whose focus is on achieving equality of opportunity for worker within its environment.

Affirmative action is a policy that aims at increase workplace or educational opportunities for underrepresented parts of society.

The policy of affirmative action are implemented by the government or businesses and takes into account various segment of applicant's race, sex, religion, location etc.

Learn more about Affirmative action here

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Sarah is preparing for the baptism of Chris. He bought five dressed chicken weighing 1 3/4, 2 1/8, 1 1/3,1 2/5, and 2 1/2 kilograms each, respectively.What is the total weight of the chicken?

Answers

The total weight of the chicken is 9[tex]\frac{5}{48}[/tex] kg.

The total weight of the chickens can be determined by adding the weights of the five chickens together.

Addition is a basic mathematical operation that is carried out by adding two or more numbers together.

Total weight = [tex]1\frac{3}{4} + 2\frac{1}{8} + 1\frac{1}{3} + 1\frac{2}{5} + 2\frac{1}{2}[/tex]

[tex]7\frac{720 + 120 + 320 + 384 + 480}{960}[/tex]

7 [tex]\frac{2020}{960}[/tex]

9[tex]\frac{5}{48}[/tex] kg

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go grub’s customer complaints have increased because its drivers often get lost when attempting deliveries, which means that the deliveries arrived late. the drivers have resisted using gps systems, claiming they know their territories, but managers are now encouraging them to look for the best solution to the increased level of customer complaints. go grub is in the ________ stage of lewin’s change model.

Answers

Analyzing the information on the issue, it is clear that Go Grub is in the unfreezing stage of Lewin's change model, which corresponds to the first stage of change where persuasive preparation about the needs of change takes place.

To manage the changes that generate adherence to the use of GPS systems at Go Grub, it is necessary for managers to look for methods to demonstrate the advantages of the changes, such as:

Increased speed at work.Improved communication.Greater customer satisfaction.Cost reduction.

It is also important to train the employee to reduce insecurity and be honest about how the changes will make the job better, and then proceed with the changing and refreezing, according to Lewin's model.

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a financial services company with insurance, investments, mortgages, and banking divisions is best characterized as having a

Answers

The financial services company which includes the insurance, investments, mortgage, banking is best characterized as having a product structure.

The question options includes functional design, product structure, geographic structure and horizontal design.

Product organizational structure refers to an organization framework in which the various divisions therein are divided base on focus on product or service offered within the company.

All financial institution have the distinct product they offered to customers and each department in the institution are formed to serve the product being offered.

Therefore, the answer is B. because the financial services company are best characterized as product organizational structure.

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a document certifying ownership of part of a corporation is a

Answers

Answer:

a document certifying ownership of part of a corporation is a stock certificate

at what level of investment ownership is significant influence often presumed?

Answers

Significant influence is often presumed when an entity or individual holds more than 20% but less than 51% of the investment in another entity.

Significant influence enables the entity to make operating and financial decisions for the other entity. The entity may lack total control since the ownership is not above 50%, but the entity can significantly influence corporate decisions.

Some entities may exert significant influence with investment ownership that is less than 20%.

Under International Financial Reporting Standards, investors with significant influence account for their investments in the investee using the equity method.

Thus, significant influence is often presumed once an investor owns 20% or more of an investee.

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For his persuasive speech on lowering property tax bills, Sheldon wants to discuss how the various community services such as the school district, library district, and park district are funded with regards to receipt of monies from property taxes. Which visual aid will easily allow Sheldon to show the information as a percentage of the overall income from taxes

Answers

The type of visual aid that will easily allow Sheldon to show the information as a percentage of the overall income from taxes is an Infographics visual aid.

This is because infographics like Microsoft Excel works fine when you need to show complex numerical data.

In most cases, infographics easily help create a percentage of total numbers, draw charts, and show total numbers and fractions needed to understand information.

There are various types of visual aid; some of them include the following:

Physical samples, Models, Handouts, Pictures, Videos, Infographics, etc.

Hence, in this case, it is concluded that the correct answer is Infographics.

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the desire and ability to produce and sell a product is

Answers

Answer:

good salesmanship?

Explanation:

which two are profit-oriented approaches to setting a price?

Answers

Profit-oriented approaches to setting a price to a good are those concerns or strategies that are used in order to determine what the price of a good would be.

There are three types of Profit-oriented pricing approaches and they include:

Target profit Target return-on-salesTarget return-on-investment pricing.

These are all used to create a balance to the profits made and the cost of a product. However, the return on sales is good because it makes predictions about demand for the product and makes a suitable pricing for the product.

Please note that your question is incomplete and i gave you a general overview which should help you get the correct answer.

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A new pizza restaurant is opening in town. The owners of this restaurant decide to place an advertisement in the town newspaper announcing the date of their big opening. The owners of the restaurant are using ________. A) mass communications B) a push strategy C) word-of-mouth communications D) public relations

Answers

Answer:

Answer is A

Explanation:

They are trying to get the word out to many people so their business grows. So they are using mass communication to do so.

A bond's coupon payment is:______.
a. interest that is paid by the bond issuer when a bond matures a variable interest.
b. amount that is paid to bondholders based on the federal funds rate.
c. a coupon that can be used by bondholders to receive discounts on goods produced by the corporation issuing the bonds.
d. a fixed amount of interest that is paid annually or semiannually by the issuer to its bondholders.

Answers

D.

What is a coupon payment on a bond?

-A coupon or coupon payment is the annual interest rate paid on a bond

hope it's correct

To help food advertisers produce more effective advertising, the Food Marketing Institute did a study that asked respondents which of four reasons best explained why they wanted to eat more nutritiously: to lose weight, to prevent health problems later in life, to follow their doctor's advice, or to manage an existing medical condition. The answer to this question is an example of ________ research.

Answers

Considering the situation described above, the answer to this question is an example of quantitative research.

This is because quantitative research is a type of research that seeks to measure and interpret numerical data.

It is carried out by gathering, assessing, and decoding numerical data. These data can be responses from people, which are then ranked based on number of respondents on each response.

Thus, in this case, the options that ranked highest in number would be the option the researcher would pick.

Hence, in this case, it is concluded that the correct answer to the question is Quantitative Research.

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lyft’s use of driver ratings helps to give passengers confidence in their knowledge of the drivers and to convey trust. this relates to which component of service quality?

Answers

Assurance to humans in terms of service delivery is very important. It tells if service delivered is acceptable or not. This relates to Assurance component of service quality.

In the various sector or the economy, there are various ways used to improve service quality. In the transportation sector, service quality is done through:

The encouragement of agent feedback.

The use of agents listen to calls.

The sending of post-contact surveys after every interaction. etc.

Conclusively, Service Assurance is the use of policies and processes by any firm to make sure that services rendered meet a pre-defined service quality level.

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who made the first brick? and when was it discovered?please help, and thank you! : ) What is a criticism of high awards for punitive damages?O A. They encourage nuisance lawsuits that take up the courts' time.B. They require jury trials, which are more expensive for the courts.C. They drive up the cost of doing business for high-risk industries.D. They help rich defendants avoid their societal obligations. If you have 4.01 g of H2, how many grams of NH3 can be produced? The bottom number (the bigger number) on each element square on the Periodic Table is called __________. Question 5 options: Proton Electron Atomic Number Atomic Mass I have 40 pieces of facemasks and 32 bottles of alcohol which will be distributed equally to a group of front liners, if each of them will have the greatest number of bottles of alcohol and facemasks, how many front liners will receive each item? Solution: ___________________________________________________________________ _____________________________________________________________________________ Which of these is known as a push or pull upon an object that results from its interaction with another object? __ is a rapid way of turning solid waste back into nutrients. * hindi po marunong sa equation, sorry po how many spartans were at the battle of thermopylae Find the S.S. of the equation (x+5)2 =(x+5) in R Cup o Coffee buys its coffee for $1.25 a cup. The coffee shop then sells each cup for $3.75. What is the percent markup for a cup of coffee? The mass of Earth is approximately 5.97 $10^{24}$ kilograms. The mass of Mars is approximately 639,000,000,000,000,000,000,000 kilograms. What is the mass of Mars in Scientific Notation? $10^{23}$ The area of a square is 25/36 in ^2. What is the length of its side Let f (x) represent a function.Which descriptions match the given transformations?Drag and drop the answers into the boxes. How does document A explain how Islam spreed so quickly the graph of y=3x+2 What is the basic building block of all pure substances that make up matter in the world? A. atoms B. cells C. compounds Explicit Formula for 10,12,14,16,18 Which equation represents the line with slope 1/4 that passes through (-4, 8)?Ay = 1x + 7By = -4x + 24y = -4x 8Dy = 1x + 9 When parents display a __________ for one child, the others are likely to feel_______________.