Bianca Bentley has been a loyal employee for the past 25 yea…

Bianca Bentley has been a loyal employee for the past 25 years at Anthony International. However, Bianca does not enjoy her job any more and has been receiving several offers and inquiries from head hunters for other interesting jobs. Bianca feels that she should stay at Anthony International because her pension benefits increase during her later years of service as opposed to her initial years of service. This is an example of

49. When a married couple (filing jointly) sells their resid…

49. When a married couple (filing jointly) sells their residence after living in it for two of the last five years, they don’t have to pay capital gains for a profit of up to: a.  $25,000.                        b.  $120,000.                   c.  $500,000.       d.  $700,000.