Ask Question
BusinessBusiness
16 March, 09:24

Pete and Shirley are filing a joint return. the total amount of their exemptions for tax year 2018 a. $0 b. $4,050 C. $8,100 d. $16.200

+2
Answers (1)
  1. 16 March, 09:50
    0
    Pete and Shirley are filing a joint return. the total amount of their exemptions for tax year 2018 is $0

    Option A

    Explanation:

    For 2018, there are no personal exemptions, therefore the total amount of exemptions for 2018 will be $0.

    If your taxable income is $0, a tax filer is in the 0-percent band.

    For eg, Filer A could have $24,000 in wages and then the standard deduction lowers it to $0. Although Filer A does not have any taxable income, he or she has income earned to be liable for the refundable loan.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Pete and Shirley are filing a joint return. the total amount of their exemptions for tax year 2018 a. $0 b. $4,050 C. $8,100 d. $16.200 ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
The Cart Wheel plans to pay an annual dividend of $1.20 per share next year, $1.00 per share a year for the following two years, and then cease paying dividends altogether.
Answers (1)
Intellectual property A. increases total surplus. B. eliminates the free rider problem. C. assigns property rights to knowledge. D. prevents people who do not own the knowledge from using it.
Answers (1)
Use the neoclassical theory of distribution to pre - dict the impact on the real wage and the real rental price of capital of each of the following events: a. A wave of immigration increases the labor force. b.
Answers (1)
Suppose that an initial $40 billion increase in investment spending expands GDP by $40 billion in the first round of the multiplier process. Also assume that GDP and consumption both rise by $32 billion in the second round of the process. A.
Answers (1)
Smoke, Inc. makes and sells buckets. Each bucket uses 1/2 pound of plastic. Budgeted production of buckets in units for the next three months is as follows: April May June Budgeted production 21,000 22,000 24,000 The company wants to maintain
Answers (1)
New Questions in Business
elle Appliance provides repair services for all makes and models of home appliances. Selle Appliance charges customers for labor on each job at a rate of $89 per hour.
Answers (1)
Compound interest is usually better than simple interest because it pays? A - interest on the principle and the interest earned in each period. B - interest on the entire principle rather than the interest in each period.
Answers (1)
The demand for flip phones has drastically reduced, and there are only a few consumer electronics companies selling them at extremely low prices. Also, the current buyers of flip phones are mainly categorized under laggards.
Answers (2)
Working where we want to is an example of which economic goal? A. economic freedom B. economic growth C. economic security D. economic equity
Answers (2)
Describe an example of an equity investment that can also produce income. (1-3 sentences)
Answers (1)
Home » Business » Pete and Shirley are filing a joint return. the total amount of their exemptions for tax year 2018 a. $0 b. $4,050 C. $8,100 d. $16.200
Sign Up Forgot Password?