Morgan is 65 years old and single. He supports his father, who is 90 years old, blind,
Question:
Morgan is 65 years old and single. He supports his father, who is 90 years old, blind, and has no income. What is Morgan’s standard deduction?
a. $21,150
b. $19,400
c. $20,300
d. $18,800
e. $20,500
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 88% (9 reviews)
A Head of household ...View the full answer
Answered By
Marcus Solomon
I am committed to ensuring that my services always meet the clients' expectations.
4.60+
82+ Reviews
117+ Question Solved
Related Book For
Income Tax Fundamentals 2023
ISBN: 9780357719527
41st Edition
Authors: Gerald E. Whittenburg, Steven Gill
Question Posted:
Students also viewed these Social Science questions
-
Richard Gorman is 65 years old and about to retire. He has $500,000 saved to supplement his pension and Social Security and would like to withdraw it in equal annual dollar amounts so that nothing is...
-
Arthur is 65 years old and single. He supports his father, who is 90 years old, blind, and has no income. What is Arthurs standard deduction? a. $12,000 b. $13,600 c. $15,200 d. $18,000 e. $21,200
-
Arthur is 65 years old and single. He supports his father, who is 90 years old, blind, and has no income. What is Arthurs standard deduction? a. $12,200 b. $13,850 c. $15,500 d. $18,350 e. $20,000
-
Trang had a rental home that received a notice of noncompliance because of her failure to maintain repairs. She received the notice on September 1, 2022 and did not complete any of the repairs until...
-
a. Calculate the mean and standard deviation of the random variable by using formulas (5.1), (5.3a), and (5.4). b. Calculate the mean and standard deviation using formulas (5.7) and (5.8). c. Compare...
-
Indigo Books & Music Inc. reported the following selected information for the years ended April 3, 2010, and March 28, 2009 (in thousands): (a) Calculate the working capital and current ratio for...
-
Which theory emphasizes the importance of cooperation and participation in the workplace? A. Chaos Theory. B. Systems Theory. C. Classical Theory. D. Neoclassical Theory.
-
The state of Missouri has three major power-generating companies (A, B, and C). During the months of peak demand, the Missouri Power Authority authorizes these companies to pool their excess supply...
-
You buy one Huge-Packing August 50 call contract and one Huge-Packing August 50 put contract. The call premium is $1.90, and the put premium is $5.15. Your highest potential loss from this position...
-
Based on Spencer et al. (1990). When you lease 800 phone numbers from AT&T for telemarketing, AT&T uses an optimization model to tell you where you should locate calling centers to minimize your...
-
Taxpayers who are 65 or older get the benefit of: a. An additional exemption b. An additional amount added to their standard deduction c. An additional amount added to their itemized deductions d....
-
In 2022, Alexandria is a single mother with a 17-year-old dependent child. Alexandrias adjusted gross income in 2022 is $78,000. What is the total amount of Alexandrias child tax credit and other...
-
Refer to Exercise 71. a. The following table shows the method of tabular integration applied to e x cos x dx. Use the table to express e x cos x dx in terms of the sum of functions and an...
-
Design a non inverting op amp with gain = 1000 and Rf=100kohm. If 5mV was input, what would output be? Explain... Also.. What happens to output voltage of an ideal op amp voltage follower if a...
-
What theories do these 5 sources address? (ex: social comparison theory, social identity theory) https://doi.org/10.1371/journal.pone.0069841 https://doi.org/10.1016/j.chb.2016.11.013...
-
What Are The Key Principles Of The Balanced Scorecard? What If A Company Has A Balanced Scorecard With Many Kpis, But Without Strategy Map? What If A Company Has A Balanced Scorecard With Many Kpis,...
-
Write a simple Java that receives five different number from the user as an input and computes a table of square roots and cube roots for the values specified by the user. Output of the program:...
-
SPORTS COMPANY The following costs were accumulated by the second department (Assembling) during November: Cost Transferred This Dept Cost Total from Cutting Material Conversion Beg Invty (2,000) P...
-
List the variables that lead to (a) Band broadening (b) Band separation in gas-liquid chromatography.
-
On January 1, 2018, Khalid Ltd., which follows IAS 17, entered into an eight-year lease agreement for three dryers. Annual lease payments for the equipment are $28,500 at the beginning of each lease...
-
Explain the purpose of the provision in the tax law that taxes unearned income of certain minor children at their parents tax rates....
-
JBC Corporation is owned 20 percent by John, 30 percent by Brian, 30 percent by Charlie, and 20 percent by Z Corporation. Z Corporation is owned 80 percent by John and 20 percent by an unrelated...
-
Give the MACRS depreciation life of the following assets: a. An automobile _____________________ b. Business furniture _____________________ c. A computer _____________________ d. Residential real...
-
7. A stock that follows a GBM is currently priced at 50 kr. Its expected return and volatility are 10% and 30%, respectively. What is the probability that the stock price will be larger than 70 kr in...
-
Explain the key business units in Sime Darby Plantations (Malaysia). Provide references. Perform Michael Porter 5 forces analysis for each business unit above.
-
(a) What is the future value of a 4-year ordinary annuity (recall that ordinary annuities have end of year cash flows) of $1,200 if the appropriate interest rate is 7.5 (b) What is the present value...
Study smarter with the SolutionInn App