ZuoTi.Pro
Question

Frieda is 67 years old and deaf. If Frieda files as a head of household, what amount of standard deduction can she claim in 2EXHIBIT 6-12 Standard Deduction Amounts* Filing Status Married filing jointly Head of household Single Married filing separatWhich of the following is deductible as an other itemized deduction? Multiple Choice Gambling losses to the extent of gamblinWhich of the following costs are deductible as an itemized medical expense? Multiple Choice The cost of prescription medicineThank you.

business   accounting   
0 0
Add a comment Improve this question Transcribed image text
Next > < Previous
Sort answers by oldest

Homework Answers

Answer #1

1. Amount of standard deduction Frieda can claim in 2020 ( filed as head of household)

=$18,650+1650 =$20,300

Answer option (E)

2. Answer Gambling losses to the extent of gambling winnings

Option (A)

3. Answer option (B)

Medical expenses incurred to prevent disease.

0 0
Add a comment
Know the answer?
Add Answer to:
Thank you. Frieda is 67 years old and deaf. If Frieda files as a head of...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions

  • Compute the 2020 standard deduction for the following taxpayers. If an amount is zero, enter "0"....

    Compute the 2020 standard deduction for the following taxpayers. If an amount is zero, enter "0". Click here to access the standard deduction table to use. $ $ a. Ellie is 15 and claimed as a dependent by her parents. She has $500 in dividends income and $3,440 in wages from a part-time job. b. Ruby and Woody are married and file a joint tax return. Ruby is age 66, and Woody is 69. Their taxable retirement income is $11,325....

  • Objective Short Answer Individual ("1"), a single 29 year-old individual, U.S. citizen, not a dependent of...

    Objective Short Answer Individual ("1"), a single 29 year-old individual, U.S. citizen, not a dependent of anyone else, earned $6,000 of wage income and $50,000 of net long-term capital gain recognized in 2019. What is I's Taxable income for 20192 AND What is I's Tax Due in 2019 (excluding any payroll tax (FICA, FUTA et.... 2019 Tax Rate Schedule for Taxpayers (Exhibit 3.9 in textbook) If Taxable income is: Over The Taxis 10% so $9,700 $39,475 $84,200 $ 160,725 $204,100...

  • Exhibit 3.4 Basic Standard Deduction Amounts Filing Status 2019 2020 $12,200 $12,400 24,400 24,800 Single Married,...

    Exhibit 3.4 Basic Standard Deduction Amounts Filing Status 2019 2020 $12,200 $12,400 24,400 24,800 Single Married, filing jointly Surviving spouse Head of household 24,400 24,800 18,350 18,650 Married, filing separately 12,200 12,400 Problem 3-36 Charlotte (age 40) is a surviving spouse and provides all of the support of her four minor children who live with her (all are under age 16). She also maintains the household in which her parents live and furnished 60% of their support. Besides interest on...

  • personal income tax need to know the taxable income Problem 3-25 (c) (LO. 1, 8) The...

    personal income tax need to know the taxable income Problem 3-25 (c) (LO. 1, 8) The following information applies to Caroline, who is single, for 2019: $44,350 Salary Alimony received (pre-2019 divorce decree) Child support received 9,600 4,800 15,000 Cash inheritance from her mother's estate Jury duty fees 75 Penalty for early withdrawal from savings (630) 50,000 Life insurance proceeds received as a result of the death of her Contributions to Health Savings Account (Caroline has a high deductible health...

  • Mr. Olaf earned an $89,000 salary, and Mrs. Olaf earned a $40,330 salary. The couple had...

    Mr. Olaf earned an $89,000 salary, and Mrs. Olaf earned a $40,330 salary. The couple had no other income and can’t itemize deductions. Assume the taxable year is 2020. Use Individual Tax Rate Schedules and Standard Deduction Table. Required: Compute their combined tax if they choose to file separate returns. Compute their tax if they file a joint return. Married filing jointly and surviving spouses Married filing separately Head of household Single $24,800 12,400 18,650 12,400

  • Calculate the total 2017 tax liability for a surviving spouse with one dependent child with a...

    Calculate the total 2017 tax liability for a surviving spouse with one dependent child with a gross income of ​$45,860​, no salary reductions for​ employer-provided benefits, and no itemized deductions. Assuming the single parent​ taxpayer's filing status is Married Filing Jointly or Surviving​ Spouse, the​ taxpayer's standard deduction for the 2017 tax year is ​$ Standard Deduction Amounts Filing Status        2017 Single ​$6,350 Married Filing Jointly or Surviving Spouse   ​$12,700 Head of Household ​$9,350 Married Filing Separately ​$6,350 Personal Exemptions...

  • For each of the following independent situations determine the amount of the standard deduction that the...

    For each of the following independent situations determine the amount of the standard deduction that the taxpayers should claim on their 2018 income tax returns. Table for the standard deduction Filing Status 2018 Standard Deduction Single $ 12,000 Married, filing jointly 24,000 Married, filing separately 12,000 Head of household 18,000 Qualifying widow(er) 24,000 1. Adam is 45 years old, in good health, and single. $ 2. Bill and Betty are married and file a joint return. Bill is 66 years...

  • Answer the following questions related to tax changes for the 2019 and 2020 calendar/tax year. 1....

    Answer the following questions related to tax changes for the 2019 and 2020 calendar/tax year. 1. While the marginal tax rates didn't change in 2019, the amount of income taxed at those tax rates changed. For the following situations, enter the range of income taxed at the rate given: a. Single taxpayer, 22%. b. Married filing jointly, 22%. c. Head of household, 22%. 2. The marginal tax rates didn't change in 2020 as well, but the amount of income taxed...

  • Problem 1-5 The Tax Formula for Individuals, Filing Status and Tax Computation, The Standard Deduction (LO...

    Problem 1-5 The Tax Formula for Individuals, Filing Status and Tax Computation, The Standard Deduction (LO 1.3, 1.5, 1.7) Diego, age 28, married Dolores, age 27, in 2018. Their salaries for the year amounted to $47,230 and they had interest income of $3,500. Diego and Dolores' deductions for adjusted gross income amounted to $2,000; their itemized deductions were $16,000, and they have no dependents. Table for the standard deduction Filing Status 2018 Standard Deduction Single $ 12,000 Married, filing jointly...

  • David and Ruby are engaged and plan to get married. During 2020, David is a full-time...

    David and Ruby are engaged and plan to get married. During 2020, David is a full-time student and earns $9,400 from a part-time job. With this income, student loans, savings, and nontaxable scholarships, he is self-supporting. For the year, Ruby is employed and has wages of $79,200. Click here to access the standard deduction table to use. Click here to access the Tax Rate Schedules. If an amount is zero, enter, "0". Do not round your intermediate computations. Round your...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT