Business, 09.01.2020 03:31 tcapele252

Ashley is single and lives with barney, her boyfriend, and candy, his 8 year old daughter. ashley paid all of the support for her household in 2018. barney has earned income of $2,500 and had income tax withheld form his wages. he has no other income and is not required to file an income tax return. with one qualifying child, barney may claim an earn income credit. barney files an income tax return solely to obtain a refund of withheld income taxes and does not claim eic. because barney does not have a filing requirement and filed only to obtain a refund of withheld income taxes, candy is not considered the qualifying child of barney or any other taxpayer. based on the information provided, can ashley claim candy as a dependent? a)ashley may not claim candy as her qualifying relative even if the other requirements are met. b) ashley may claim candy as her qualifying child provided all other requirements are metc) ashley may claim candy as her qualifying relative provided all other requirements are metd) ashley may not claim candy as her qualifying child even if other requirements are met.

Answers: 2

Show answers

Another question on Business

Business, 21.06.2019 22:20

Steele bicycle manufacturing company currently produces the handlebars used in manufacturing its bicycles, which are high-quality racing bikes with limited sales. steele produces and sells only 10,000 bikes each year. due to the low volume of activity, steele is unable to obtain the economies of scale that larger producers achieve. for example, steele could buy the handlebars for $31 each: they cost $34 each to make. the following is a detailed breakdown of current production costs: after seeing these figures, steele's president remarked that it would be foolish for the company to continue to produce the handlebars at $34 each when it can buy them for $31 each. calculate the total relevant cost. do you agree with the president's conclusion?

Answers: 1

Answer

Business, 22.06.2019 19:00

15. chef a insists that roux is the traditional thickener for bisque. chef b insists that it's rice. which chef is correct? a. neither chef is correct. b. both chefs are correct. c. chef b is correct. d. chef a is correct.

Answers: 1

Answer

Business, 22.06.2019 20:20

Digitalhealth electronics inc. is a company that builds diagnostic devices. it was the first company to develop a compact mri scanner by reconfiguring the components of the mri technology. this smaller and user-friendly version of the huge mri scanner created demand from small hospitals, nursing homes, and private practice doctors who were earlier dependent on the scanning machines in large hospitals. which of the following types of innovations does this scenario best illustrate? a. disruptive innovation b. incremental innovation c. radical innovation d. architectural innovation

Answers: 3

Answer

Business, 23.06.2019 09:30

Ronald sees that his employer's stock has grown from $20 a share to $60 a share this year, while most stocks have seen only 5% growth. his employer offers to let him convert a large portion of his salary into stock options. what is not a valid reason to turn down the stock offer? a)stocks with high returns have high volatility, and ronald's company may not grow further. b)ronald may be taxed more for capital gains than he would be for employment income. c)stock options are illiquid, and ronald may not be able to use them to pay for unexpected bills. d)ronald would be committing stock fraud if he exercises the options.

Answers: 1

Answer

You know the right answer?

Ashley is single and lives with barney, her boyfriend, and candy, his 8 year old daughter. ashley pa...

Questions