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Q:Appendix APlease use this information for your Tax Return and Paper.*All people, businesses, and information are fictional. Any relation to an actual person or business is accidental.Harold PetersanSSN: 0XX-01-1XXXDate of Birth (DOB): 05/27/1975Gross Pay: $51,750401(k) contributions: $4,140Healthcare costs (payroll deductions): $1347Reported wages: $46,263Social Security Wages: $50,403Medicare Wages: $50,403

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Acc 401 apprentice tutors snaptutorial

ACC 401 Courses

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Acc 401 apprentice tutors snaptutorial

ACC 401 Courses

  • ACC 401 Week 1 Assignment Chapter 2 Problems 32, 33 & 38

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  • 32) List the five types of filing status and briefly explain the requirements for the use of each one.

  • 33) In which of the following cases may the taxpayer claim head of household filing status?

  • a. The taxpayer is single and maintains a household which is the principal place of abode of her infant son.

  • b. The taxpayer is single and maintains a household for herself and maintains a separate household which is the principal place of abode of her dependent widowed mother.

  • c. The taxpayer is married from January to October and lived with his spouse from January to May. From June 1 to December 31, the taxpayer maintained a


Acc 401 apprentice tutors snaptutorial

ACC 401 Courses

  • ACC 401 Week 1 Quiz

  • For more classes visit

  • www.snaptutorial.com

  • ACC 401 Week 1 Quiz


Acc 401 apprentice tutors snaptutorial

ACC 401 Courses

  • ACC 401 Week 2 Assignment Chapter 4 problem 53 and problem 55

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  • 53. Under the terms of a divorce decree executed May 1, 2008, Rob transferred a house worth $650,000 to his ex-wife, Linda, and was to make alimony payments of $3,000 per month. The property has a tax basis to Rob of $300,000.

  • a. How much of this must be reported on Linda’s tax return?

  • b. Of that amount, how much is taxable gain or loss that Linda must recognize related to the transfer of the house?

  • 54. Under the alimony recapture rules, what amounts are designated for recapture reclassification, and what are the tax consequences?

  • 55. Indicate whether each of the following items is considered a for AGI, (above-the line) deduction for the


Acc 401 apprentice tutors snaptutorial

ACC 401 Courses

  • ACC 401 Week 2 Quiz

  • For more classes visit

  • www.snaptutorial.com

  • ACC 401 Week 2 Quiz


Acc 401 apprentice tutors snaptutorial

ACC 401 Courses

  • ACC 401 Week 3 Assignment Chapter 6

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  • www.snaptutorial.com

  • 39. David is a college professor who does some consulting work on the side. He uses 25% of his home exclusively for the consulting practice. He is single and 63 years old. His AGI (without consideration of consulting income) is $45,000. Other information follows:

  • Income from consulting business $4,000

  • Consulting expenses other than home office 1,500

  • Total costs relating to home:

  • Interest and taxes 6,500


Acc 401 apprentice tutors snaptutorial

ACC 401 Courses

  • ACC 401 Week 3 Quiz

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  • www.snaptutorial.com

  • ACC 401 Week 3 Quiz


Acc 401 apprentice tutors snaptutorial

ACC 401 Courses

  • ACC 401 Week 4 Assignment Chapter 9, Problem 42 problem 49

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  • 42. Tim and Martha paid $7,900 in qualified employment-related expenses for their three young children who live with them in their household. Martha received $1,800 of dependent care assistance from her employer, which was properly excluded from gross income. The couple had $57,000 of AGI earned equally by Tim and Martha. What amount of child and dependent care tax credit can they claim on their Form 1040? How would your answer differ (if at all) if the couple had AGI of $36,000 that was entirely earned by Tim?


Acc 401 apprentice tutors snaptutorial

ACC 401 Courses

  • ACC 401 Week 4 Quiz

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  • ACC 401 Week 4 Quiz


Acc 401 apprentice tutors snaptutorial

ACC 401 Courses

  • ACC 401 Week 5 Final Paper Assignment

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  • Q:Appendix A

  • Please use this information for your Tax Return and Paper.

  • *All people, businesses, and information are fictional. Any relation to an actual person or business is accidental.

  • Harold Petersan

  • SSN: 0XX-01-1XXX

  • Date of Birth (DOB): 05/27/1975

  • Gross Pay: $51,750

  • 401(k) contributions: $4,140

  • Healthcare costs (payroll deductions): $1347

  • Reported wages: $46,263


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ACC 401 Courses

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