Jana is Amber’s friend. Jana looks after Ambar’s four-year-old son during the day so Ambar can go to work. During 2024, Ambar paid Jana $4,000 to care for her son.What is the amount of Ambar’s child and dependent care credit if her AGI for the year was $60,000?
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During 2024, Bella, a 19-year-old full-time student, earned…
During 2024, Bella, a 19-year-old full-time student, earned $25,000 during the year and was not eligible to participate in an employer-sponsored retirement plan. The general limit for deductible contributions to an IRA during 2024 is $7,000.How much of a tax-deductible contribution can Bella make to an IRA?
In 2024, Cory sold his qualified small business stock for $9…
In 2024, Cory sold his qualified small business stock for $90,000 after holding it for 10 years. His basis in the stock is $40,000. Applying the rules as if the stock were acquired in 2012 and assuming his marginal tax rate is 32 percent, how much tax will he owe on the sale?
Acme published a story about Paul, and as a result Paul sued…
Acme published a story about Paul, and as a result Paul sued Acme for damage to his reputation, emotional distress, and punitive damages. Paul won an award of $20,000 for damages and $50,000 for punitive damages. What amount must Paul include in his gross income?
Marina is 50 years old, deaf, and blind. If her tax filing s…
Marina is 50 years old, deaf, and blind. If her tax filing status is single, what amount of standard deduction can she claim in 2024?
Linda is a qualifying widow in 2024. In 2024, she reports $6…
Linda is a qualifying widow in 2024. In 2024, she reports $60,000 of taxable income (all ordinary). What is her gross tax liability using the tax rate schedules?
Write a C++ statement to declare a two – dimensional array n…
Write a C++ statement to declare a two – dimensional array named matrix of 4 rows and 3 columns of type double such that the first row is initialized to 2.5 , 3.2 , 6.0, ; second row is initialized to 5.5,7.5,12.6; the third row is initialized to 11.25 , 16.85 ,13.45; and the fourth row is initialized to 8.75 ,35.65,19.45. FULL PROGRAM NOT REQUIRED.
Perform a Trace and Output on the following code: Trace:…
Perform a Trace and Output on the following code: Trace: –main– args: ? x: y: , z: , a: ? a.length: a[0]: ,,, a[1]: ,,, –total(, a):– times: arr -> a //note: anything that happens to arr, happens to a total: ,,, i: ,,, –swapNGetMultipliedSum(arr,):– arr -> arr //note: anything that happens to swapNGetMultipliedSum’s arr, happens to total’s arr (which then happens to a) v: temp: –swapNGetMultipliedSum(arr,):– arr -> arr //note: anything that happens to swapNGetMultipliedSum’s arr, happens to total’s arr (which then happens to a) v: temp: –swapNGetMultipliedSum(arr,):– arr -> arr //note: anything that happens to swapNGetMultipliedSum’s arr, happens to total’s arr (which then happens to a) v: temp: Output:
Write the c++ statement to declare a two-dimensional array n…
Write the c++ statement to declare a two-dimensional array named data of 3 rows and 4 columns of type float, and initialize it as follows: FULL PROGRAM NOT REQUIRED First row: 4.1, 2.3, 7.5, 1.2 Second row: 9.8, 6.6, 3.4, 8.7 Third row: 2.4, 5.9, 6.1, 7.3
Write the C++ statement to declare a two-dimensional array n…
Write the C++ statement to declare a two-dimensional array named data of 3 rows and 4 columns of type float, and initialize it as follows: FULL PROGRAM NOT REQUIRED First row: 4.1, 2.3, 7.5, 1.2 Second row: 9.8, 6.6, 3.4, 8.7 Third row: 2.4, 5.9, 6.1, 7.3