Question
Bee and Barney Mayberry have $71,500 in gross income and enough allowable deductions to itemize. Determine the best income tax form for them to use
Bee and Barney Mayberry have $71,500 in gross income and enough allowable deductions to itemize. Determine the best income tax form for them to use if they are filing jointly. Explain the major reason they can't use the other forms.
Question content area bottom Part 1 What is the best income tax form for them to use if they are filing jointly?(Select the best answer below.) A. Form 1040. B. Form 1040A. C. Form 1040NR. D. Form 1040EZ.
Part 2 Why is Form 1040 the best form for them to use?(Select the best answer below.) A. Because it is the only form that permits itemized deductions. B. Because they are non-resident aliens. C. Because their income is too high to use Form 1040EZ. D. Because their income is too low to use Form 1040A.
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