Latisha is an unmarried taxpayer, filing head of household. She has two dependent children (7-year-old twins) who
Question:
Latisha is an unmarried taxpayer, filing head of household. She has two dependent children (7-year-old twins) who lived with her all year. Her 2022 earned income was $18,600, her AGI was $22,700, and she uses the standard deduction.
Determine her:
1. Taxable income and regular tax before credits.
2. Earned income credit (EIC).
3. Balance due or refund.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 72% (11 reviews)
1 Taxable income 22700 19400 3300 Regular tax before credits 330 2 Tentative EIC 40 x 15410 ...View the full answer
Answered By
Bree Normandin
Success in writing necessitates a commitment to grammatical excellence, a profound knack to pursue information, and a staunch adherence to deadlines, and the requirements of the individual publication. My background comprises writing research projects, research meta-analyses, literature reviews, white paper reports, multimedia projects, reports for peer-reviewed journals, among others. I work efficiently, with ease and deliver high-quality outputs within the stipulated deadline. I am proficient in APA, MLA, and Harvard referencing styles. I have good taste in writing and reading. I understand that this is a long standing and coupled with excellent research skills, analysis, well-articulated expressions, teamwork, availability all summed up by patience and passion. I put primacy on client satisfaction to gain loyalty, and trust for future projects. As a detail-oriented researcher with extensive experience surpassing eight years crafting high-quality custom written essays and numerous academic publications, I am confident that I could considerably exceed your expectations for the role of a freelance academic writer.
5.00+
7+ Reviews
21+ Question Solved
Related Book For
Pearsons Federal Taxation 2023 Comprehensive
ISBN: 9780137840656
36th Edition
Authors: Timothy J. Rupert, Kenneth E. Anderson, David S Hulse
Question Posted:
Students also viewed these Business questions
-
Latisha is an unmarried taxpayer, filing head of household. She has two dependent children (7 year old twins) who lived with her all year. Her 2015 earned income was $18,600, her AGI was $22,700, and...
-
Latisha is an unmarried taxpayer, filing head of household. She has two dependent children who lived with her all year. Her 2013 earned income was $18,600 and her AGI was $22,400. She uses the...
-
Latisha is an unmarried taxpayer, filing head of household. She has two dependent children (7-year-old twins) who lived with her all year. Her 2017 earned income was $18,600, her AGI was $22,700, and...
-
Cancer is a frightening disease. The biological process that creates cancerous cells from healthy tissue is poorly understood at best. Much research has been conducted into how external conditions...
-
Compute the interquartile range from the following data. 5 8 14 6 21 11 9 10 18 2
-
Hohenberger Farms purchased real estate for $1,280,000, which included $5,000 in legal fees. It paid $255,000 cash and incurred a mortgage payable for the balance. The real estate included land that...
-
How does use of a separate payroll checking account improve control?
-
Trim Corporation acquired 100 percent of Round Corporations voting common stock on January 1, 20X2, for $400,000. At that date, the book values and fair values of Rounds assets and liabilities were...
-
Given the information below figure Gross Profit (Gross Margin): cash = 1,300,000 accounts receivable = 1,750 sales = 275,500 purchases = 18,000 merchandise inventory (31 Dec) = 19,275 accounts...
-
Chris and Stefani Watanabe live with their two boys at 1400 Victoria Lane, Riverside, CA 92501. Chris is an accountant who has his own accounting practice. Stefani is an elementary school teacher....
-
Reagan and Grady Wade are married with three qualifying children under the age of 17. In 2021, Reagan and Grady had earned income of $50,000 and no adjustments. Line 11 of their 1040 reports AGI of...
-
Jose is unmarried with no qualifying children. He has $9,500 of 2022 wages and is otherwise eligible for the earned income credit. Jose has $200 of interest income and no for AGI deductions. a. What...
-
Determine (a) The area. (b) The perimeter of the quadrilateral. 16 in. 12 in. 13 in. 13 in. 6 in.
-
The World Bank reports "gross capital formation as a % of GDP." Take that to be an investment rate. In 2021, the U.S. investment rate was 21% of GDP; China's investment rate was 43%. What is the...
-
ok t nces Malloy Corporation has provided the following data concerning its most important raw material, compound 151D: Standard cost Standard quantity Cost of material purchased in October Material...
-
What are the molecular determinants underlying hormone-receptor specificity and selectivity, and how do structural insights into hormone-receptor complexes inform the development of targeted...
-
how much lower the CO2 emissions would be with the additional 10% budget allocated to improve the sustainability of the supply chain for the new OLED brand?
-
Let 9: R2 R be defined by g(x1, x2) = (e sin x2, cos(x1)e2) and let f: R R be defined by f(y) = ||y||2. Let h = fog be the composition of f with g, i.e. h(x) = f(g(x)) 1. Compute the derivative Df 2....
-
Suppose that S is a set with n elements. How many ordered pairs (A, B) are there such that A and B are subsets of S with A B?
-
Time Solutions, Inc. is an employment services firm that places both temporary and permanent workers with a variety of clients. Temporary placements account for 70% of Time Solutions' revenue;...
-
What pricing objective( s ) is a skimming pricing policy most likely implementing? Is the same true for a penetration pricing policy? Which policy is probably most appropriate for each of the fo...
-
How would differences in exchange rates between different countries affect a firms decisions concerning the use of flexible-price policies in different foreign markets?
-
Are seasonal discounts appropriate in agricultural businesses (which are certainly seasonal)?
-
Tu tarea: Una directora ejecutiva recin nombrada, la Sra. Sally Riley, MHA, FACHE, lo asciende al puesto de directora estratgica de un hospital comunitario de cuidados intensivos de 300 camas. El CEO...
-
McEwan Industries sells on terms of 3/10, net 20. Total sales for the year are $971,500; 40% of the customers pay on the 10th day and take discounts, while the other 60% pay, on average, 52 days...
-
Intro The Treasury yield curve shows the following yields to maturity for the next 5 years: Maturity in years 1 2 3 4 5 YTM in % 0.9 1.1 1.7 1.9 2.2 Part 1 Attempt 2/10 for 9.5 pts. What is the...
Study smarter with the SolutionInn App