What is the father''s gross income threshold for purposes, Accounting Basics

+44 141 628 6080
[email protected]

What is the father''s gross income threshold for purposes

Toni claims her father as a dependent, the father is 80years old. The father's only source of gross income is some interest he earn from a saving account. what is the father's gross income threshold for purposes of having to file a tax return for 2012 ?

Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: What is the father''s gross income threshold for purposes

Reference No:- TGS046648

Expected delivery within 24 Hours

Have a Question? (oR Write a Review)

Write atleast 100 words!!

Recent Questions Asked Accounting Basics

Q : Justification for recognising depreciation

Is Dwayne correct? Justify your answer by explaining what is meant by the term depreciation, the role and process of recognising depreciation in accounting reports, and by identifying the accounting concepts that provide the justification for reco

Q : Sketch community indifference curve tangent

On a secong set of axes, sketch another community indifference curve tangent to the fairly steep portion of another concave production frontier.

Q : Calculating project equivalent annual cost

A 9-year project has an initial fixed asset investment of $256,200, an initial NWC investment of $24,400, and an annual OCF of -$39,040. The fixed asset is fully depreciated over the life of the project and has no salvage value. If the required re

Q : Applying depreciation methods

1. Identify decisions that managers like Choi must make in applying depreciation methods. 2. Is Choi's rule an ethical violation, or is it a legitimate decision in computing depreciation? 3. How will Choi's new depreciation rule affect the profit mar

Q : What is the father''s gross income threshold for purposes

Q : Compute the cost of debt

Compute the cost of debt. Assume AirJet Best Parts Inc. is considering issuing new bonds. Select current bonds from one of the main competitors as a benchmark. Key competitors include Raytheon, Boeing, Lockheed Martin, and the Northrop Grumman Cor

Q : Warranty accrual decision

1. Does the warranty accrual decision create any ethical dilemma for Bly? 2. Since warranty expenses vary, what percent do you think Bly should choose for the current year? Justify your response.

Q : Estimating return on equity

Calculate return on equity (ROE) under each of there three economic scenarios before any debt is issued. Also calculate the percentage changes in ROE for economic expansion and recession, assuming no taxes.

Q : Calculate monthly rate of inventory growth in global market

calculate the monthly rate of inventory growth in the global aluminum market using the given demand and supply equations for the world aluminum market.

1930551

Questions
Asked

3,689

Active Tutors

1412585

Questions
Answered

Start Excelling in your courses, Ask a tutor for help and get answers for your problems !!

ask Question

Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: What is the father''s gross income threshold for purposes

Reference No:- TGS046648

Have a Question? (oR Write a Review)

Recent Questions Asked Accounting Basics

Q : Justification for recognising depreciation

Q : Sketch community indifference curve tangent

Q : Calculating project equivalent annual cost

Q : Applying depreciation methods

Q : What is the father''s gross income threshold for purposes

Q : Compute the cost of debt

Q : Warranty accrual decision

Q : Estimating return on equity

Q : Calculate monthly rate of inventory growth in global market

Medication for postoperative nausea and vomiting

Child prescribed prednisone for exacerbation of asthma

What if a parent of hispanc origin informs nurse of plans

How health care reimbursement is delivered

How to improve overall health of elementary school children

How would you instruct the patient to taper off clonazepam

How to prevent interference with an intravenous infusion

Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: What is the father''s gross income threshold for purposes

Reference No:- TGS046648

Recent Questions Asked Accounting Basics

Q : Justification for recognising depreciation

Q : Sketch community indifference curve tangent

Q : Calculating project equivalent annual cost

Q : Applying depreciation methods

Q : What is the father''s gross income threshold for purposes

Q : Compute the cost of debt

Q : Warranty accrual decision

Q : Estimating return on equity

Q : Calculate monthly rate of inventory growth in global market

Asked Questions