Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. this is for 2022- thanks! interview notes - le

This is for 2022- thanks! Interview Notes - Leon Martin is...

80.2K

Verified Solution

Question

Accounting

This is for 2022- thanks!
image
Interview Notes - Leon Martin is singlo and has never been married. - Leon eamed wages of $23,000 during the finst half of the year. Leon lost his job in July and received a total of $9,000 in unemployment compensation. - teon is a barber and took a chass at the community barber college to improve his barbering statis He paid the cost of tution and a course-related book. His qualified education expensins wete $2,500. - Leon also paid studont loan interest for the courses he previously took to eam his Bachelor's degree. For 2022 he paid student loan interest of $550. - Leon does not have any dependents. - Leon is a U.S, citizen with a vald Social Security number. Scenario 6: Retest Questions 11. What is the taxatle amount of Leoris unemployment compeniation? a. 50 b. 54,500 c. $9,000 d. $10.200 12. Leon is eligible to claim the Lfetime Learning Credit. a. True b. False 13. Loon can deduct $550 of student loan interost as an abjustinent fo his income a. True b. False

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