Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Aug 26, 2024

consider an individual is required to pay 4000 in child support and 12000$ in spousal support .if total of 7000$ is paid during the year

consider an individual is required to pay 4000 in child support and 12000$ in spousal support .if total of 7000$ is paid during the year ,calculate the amount tht will be deductible or taxable as pousal support

according tp canadian rax rules 2020-2021

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Handbook Of Energy Audits

Authors: Albert Thumann, Terry Niehus, William J. Younger

9th Edition

1466561629, 978-1466561625

More Books

Students also viewed these Accounting questions

Question

★★★★★

The percentage of male cigarette smokers in the United States declined from 25.2% in 2001 to 23.9% in 2006. (A) Find a linear equation relating percentage of male smokers (m)to years since 2000 (t)....

Answered: 1 week ago

Question

★★★★★

[EX02-192] The national highway system is made up of interstate and noninterstate highways. The Federal Highway Administration reported the number of miles of each type in each state. Listed is a...

Answered: 1 week ago

Question

★★★★★

8.22 Mosaic or Melting Pot? The concept of the mosaic where cultural differences within society are deemed valuable and regarded as something that should be preserved-is often used to distinguish...

Answered: 1 week ago

Question

★★★★★

Mendoza Corporation was organized on January 1, 2014. It is authorized to issue 20,000 shares of 6%, $40 par value preferred stock, and 500,000 shares of no-par common stock with a stated value of $2...

Answered: 1 week ago

Question

★★★★★

I need help with 1-8 Use the following to answer questions 1 -4 Determine whether the firm reports each of the following items as part of cash, cash equivalents, or neither in the balance sheet Cash,...

Answered: 1 week ago

Question

★★★★★

QUESTION 3 Fiscal policy is about the use of government expenditures and revenues to help nation to achieve the desirable macroeconomic objectives. Explain four (4) objectives of the fiscal policy...

Answered: 1 week ago

Question

★★★★★

Maggie just had a car accident. There was no one seriously hurt, but both vehicles may be beyond repair. Maggie is obviously shaken up as she calls you for help. What symptoms might Maggie be...

Answered: 1 week ago

Question

★★★★★

A guest received a full day package at the Spa from her husband as a gift. She makes an appointment and calls the day prior to re - confirm. When she arrives no reservations are found. The Spa is...

Answered: 1 week ago

Question

★★★★★

1. Using invented spelling does not slow down or prevent a child from learning conventional spelling. True False 2. What impact has the statistical learning approach had on language learning? In...

Answered: 1 week ago

Question

★★★★★

Exercise 8-11 Direct materials and direct labor variances LO P2 Hutto Corp. has set the following standard direct materials and direct labor costs per unit for the product it manufactures. Direct...

Answered: 1 week ago

Question

★★★★★

In Week 1, you were asked to consider if one domainphysical, cognitive, or social-emotionalwas more important than the others. Review your response. Have your views changed or strengthened? Explain...

Answered: 1 week ago

Question

★★★★★

Define job pricing. What is the purpose of job pricing?

Answered: 1 week ago

Question

★★★★★

What are some companywide pay plans? Briefly discuss each.

Answered: 1 week ago

Question

★★★★★

What are the contextual influences on direct financial compensation?

Answered: 1 week ago

Previous Question Next Question