Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. monte lion and ella funt are a married couple with

Monte lion and ella funt are a married couple with two children. Wages totaled $141,600...

60.1K

Verified Solution

Question

Finance

image
Monte lion and ella funt are a married couple with two children. Wages totaled $141,600 with itemized deductions of $33,400...
Question 26 2 pl Monte Lion and Ella Funt are a married couple with two children. Wages totaled $141.600 with itemized deductions of $33,400. Interest income was $6,000. The couple sold stock for $28,100 which had been purchased three years earlier for $26,000. They also sold stock for $8,000 which had been purchased nine months earlier for $6,000. For the year, the couple has paid $19,500 in federal taxes. They are also eligible for a $1,000 tax credit. How large of a refund will they receive? OS 2585.00 $ 3372.50 $ 5172.00 $ 5684.00 Previous Question 26 2 pl Monte Lion and Ella Funt are a married couple with two children. Wages totaled $141.600 with itemized deductions of $33,400. Interest income was $6,000. The couple sold stock for $28,100 which had been purchased three years earlier for $26,000. They also sold stock for $8,000 which had been purchased nine months earlier for $6,000. For the year, the couple has paid $19,500 in federal taxes. They are also eligible for a $1,000 tax credit. How large of a refund will they receive? OS 2585.00 $ 3372.50 $ 5172.00 $ 5684.00 Previous

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Biology
1.2K views

8. Drug molecules moving between “compartments” move at different equilibrium constants. There are many factors that...

Electrical Engineering
1.2K views

In a circuit of frequency radius, a resistance of 200ohm serves as a load at the...

General Management
1.2K views

The Rakhsh Stable feeds and houses the horses used to pull tourist-filled carriages through the streets...

Biology
1.2K views

Choose all the answers that apply.Microevolution:includes evolution at the population and community levelrefers to evolution...

Biology
1.2K views

Choose the BEST answer:Glycolysis is...The first stage of aerobic respirationThe first stage of fermentationIt is...

Biology
1.2K views

ter how to calculate net energy available Subtract the energy consumed from the energy Produced...

Physics
1.2K views

Assume that the Earth changes its shape and turns into an infinite cylinder whose radius...

Physics
1.2K views

A tunnel is dug across the earth along a chord AB as shown A particle...

Accounting
1.2K views

Spalding Pointers Corporation expects to begin operations on January 1, 2019; it will operate as...

Accounting
1.2K views

Clark Coatings Company uses the indirect method to prepare its statement of cash flows. Refer...

Finance
1.2K views

3. Today you sell short a stock at the price of $40. If the stock...

Finance
1.2K views

as an invester, you can use either standard deviation or beta as a measure of...