Author Question: Joe and Amy Palazzo are married and plan to file a Form1040 joint return. Amy earned 9,500, and Joe ... (Read 209 times)

piesebel

  • Hero Member
  • *****
  • Posts: 565
Joe and Amy Palazzo are married and plan to file a Form1040 joint return. Amy earned 9,500, and Joe earned 33,000 . They have three children. They have earned interest of 876 . Amy contributed 2,500 to her IRA, and Joe contributed 2,900 toward his. Their itemized deductions are 2,175 for real estate tax, 3,890 for home mortgage interest, and 1,230 in charitable contributions. Together, their income tax withholding was 1,670 . Compute Joe and Amy's income tax owed or refund due.
 a. 111 refund
 
  b. 352 tax due
 
  c. 111 tax due
 
  d. 352 refund

Question 2

Linear programming problems can always be formulated algebraically, but not always on a spreadsheet.
 a. True
  b. False
   Indicate whether the statement is true or false



triiciiaa

  • Sr. Member
  • ****
  • Posts: 349
Answer to Question 1

d

Answer to Question 2

FALSE



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Inotropic therapy does not have a role in the treatment of most heart failure patients. These drugs can make patients feel and function better but usually do not lengthen the predicted length of their lives.

Did you know?

Asthma occurs in one in 11 children and in one in 12 adults. African Americans and Latinos have a higher risk for developing asthma than other groups.

Did you know?

For about 100 years, scientists thought that peptic ulcers were caused by stress, spicy food, and alcohol. Later, researchers added stomach acid to the list of causes and began treating ulcers with antacids. Now it is known that peptic ulcers are predominantly caused by Helicobacter pylori, a spiral-shaped bacterium that normally exist in the stomach.

Did you know?

In the United States, there is a birth every 8 seconds, according to the U.S. Census Bureau's Population Clock.

Did you know?

Anti-aging claims should not ever be believed. There is no supplement, medication, or any other substance that has been proven to slow or stop the aging process.

For a complete list of videos, visit our video library