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Author Question: Kerri is single and claims two exemptions. Last year she earned 48,800 in wages. Additional tax ... (Read 73 times)

cagreen833

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Kerri is single and claims two exemptions. Last year she earned 48,800 in wages. Additional tax information for the year is as follows: interest earned: 229; capital gains from sale of stock: 2,650; penalty on early withdrawal of savings: 400; contributions to Keogh retirement fund: 1,500; real estate taxes paid: 4,500; mortgage interest paid: 4,200. Find the taxable income for the year.
 A) 33,179
  B) 44,150
  C) 37,795
  D) 39,912

Question 2

At a red-tag sale, all items with red tags have been marked down by 49. What should be the sale price of a DVD player having a red tag, if the pre-sale price was 234.95?
 A) 185.95
  B) 115.13
  C) 119.82
  D) 210.65



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meltdown117

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Answer to Question 1

A

Answer to Question 2

C




cagreen833

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Reply 2 on: Jun 24, 2018
Great answer, keep it coming :)


jackie

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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