if you have to decide to claim a credit or deduction on your taxes which should you take everfi

Answers

Answer 1

It should be noted that based on the information given, the appropriate one to choose will be a tax credit.

A tax deduction simply means the deduction that lowers the tax liability of an economic entity by lowering the taxable income.

If an individual wants to decide to claim a credit or deduction on their taxes, the one that should be chosen will be a tax credit. This is because it directly reduces the tax of the individual.

Learn more about tax on:

https://brainly.com/question/25821146


Related Questions

what is the name of the department store where buddy works in elf?

Answers

Answer:

The name of the department store where buddy works in elf is called Gimbels.

How to solve problems in group work

Answers

Answer: Solve problems as a group by working together and problem solving, as well as listening to all ideas.

[tex]\large\huge\green{\sf{Answer:-}}[/tex]

just classify the task between groups and task will be easy to do

The Bridal Shop bought a dress from a supplier for $105 wholesale and applied a 65% markup to the price. If a 7. 5% sales tax were added after a 20% discount was used, what would be the total cost to purchase the dress?.

Answers

Based on the various additions as well as discount, the total cost of the dress would be $149.00

The cost of the dress after the markup would be:

= Wholesale cost x ( 1 + markup)

= 105 x (1 + 65%)

= 105 x 1.65

= $173.25

After the discount, the cost is:

= 173.25 x (1 - 20%)

= $138.60

The cost after the sales tax is:

= 138.60 x (1 + 7.5%)

= $148.995

= $149.00

In conclusion, the cost of the dress is $149.00

Find out more on such at https://brainly.com/question/216245.

Jack has become a franchise of sonic and his local community this as enable him to have access to blank in order to sell the product

Answers

Answer:

the knowledge, processes, and trademarks of Sonic

Explanation:

Michael has been saving his money and wants to invest it. After doing some research, he has decided to invest $20,000 into a Certificate of Deposit. The interest rate on the CD is 3% with a term of five years, and the interest is paid out annually. Based on recent inflation, Michael is planning on an annual inflation rate of 2%. Which statement best explains the interest rates related to this CD? The nominal interest rate is 3 percent, while the real interest rate is 2 percent. The nominal interest rate is 3 percent, while the real interest rate is 1 percent. The nominal interest rate is 1 percent, while the real interest rate is 2 percent. The nominal interest rate is 2 percent, while the real interest rate is 4 percent.

Answers

Since he is planning on an annual inflation rate of 2%., the statement that explains the interest rates relating to the CD is nominal interest rate is 3% while the real interest rate is 1%.

A real interest rate refers to the nominal rate which is adjusted for inflation.

We are given that Interest (nominal rate) is 3% and planned Inflation rate = 2%

Real interest rate = 1% (Nominal rate - inflation rate)

Hence, the statement that explains the interest rates relating to the CD is nominal interest rate is 3% while the real interest rate is 1%.

Therefore, the Option B is correct.

Read more about Real interest rate

brainly.com/question/25816355

Answer: the next one after b is A on the assignment

$200

Explanation:

How do the different auto loan factors impact monthly payments?

Answers

the amount of interest in each auto loan will impact your monthly payments, the higher the interest, the more you pay. the lower the interest, the less you pay
Three major factors that determine your monthly car loan payment are your loan amount, the interest rate and the loan term. There are steps you can take — like making a down payment, improving your credit or choosing a different loan term — t

4. what influence may rising house prices have on inflation?

Answers

Answer:

Explanation:

There is a correlation between inflation and house prices. ... When interest rates are low, buying homes can be more affordable and increase the demand for homes. If the supply of homes remains constant and the demand increases, then the prices of homes will increase.

what are the three most common reasons firms fail financially?

Answers

The common ways through which firms fail financially includes under-capitalization, poor control over cash flow and inadequate expense control.

Majority of firms who failed financially are those firm with outdated financial plan or lack of current trend in the industry.

Why firms fail financially includes:

Under-capitalization which is when the firm does not have sufficient capital to conduct normal business operations and pay the creditors.

Poor control over cash flow is when the firm does not have firm control over the cash going in and out of the organization.

inadequate expense control is when the firm does not effectively control the amount of expenses incurred for operation.

In conclusion, the common ways through which firms fail financially includes under-capitalization, poor control over cash flow and inadequate expense control.

Read more about Financial irresponsibility

brainly.com/question/1675177

how is the domain rank different from other ranks?

Answers

Because it was created recently.

In relation to ranks, the word "domain rank" is not well-known or standardized. You can be referring to a particular idea or measure regarding Website positioning or search engine optimization (SEO).

One search engine optimization (SEO) idea developed to gauge the effectiveness of a particular campaign is website authority or domain rank. Domain rating is a ranking indicator developed by Ahhrefs and used to show how strong a website's backlink profile is in comparison to other websites in their database.

Developed by Moz, the Domain Authority (DA) score for search engine rankings indicates how likely it is for a website to appear in search engine result pages (SERPs).

Learn more about domain rank here:

https://brainly.com/question/31031109

#SPJ6

a manager should store canned soup that has been recalled in a

Answers

It should be noted that the manager should store canned soup in a separate area until it can be returned to the distributors for credit.

It should be noted that it's the function of a company to always provide good products to their customers.

In this case, since the goods have been recalled as a result of defect it any other issues, it should be stored in a separate area until it can be returned to the distributors for credit.

Learn more about managers on:

https://brainly.com/question/1276995

Susan would like to work on a class project alone, but her teacher asked the class to work in groups. How will Susan benefit from working with a team?

Independence
Increased creativity
Easy class credit
Easy decision making

Answers

Answer:

Easy decision making

Explanation:

Independence would not be it because Susan is in a group and the other two wouldn't be true because easy class credit would mean letting the rest of the group do the work, and increased creativity wouldn't be it because there would be other part of the group would be doing that two.

Please solve this question asap…as i have less time

Answers

Answer:

1 Cash to Capital

2 Bank to Cash

4 Purchase to Cash

5 Purchase to Cash

8 A/c receivable to Sales

10 A/c Payable to Cash

15  Cash dr(11700) Sales Discount dr (300) A/c receivable Cr(12000)

16 Wages Payable to Cash

18 Furniture to Cash

20 Drawing to Bank

22 Rent Payable to Bank

23 Drawing to Goods

24 Drawing to Bank

26 Cash to Commission received

27 Bank Charges Payable to Bank

28 Insurance Payable to Bank

29 Salary Expense/ Salary Payable (I forgot) to Cash

30 Cash to Sales  

The table shows the terms of a fixed-rate mortgage. A 2-column table has 4 rows. The first column is labeled Component with entries (P) Principal, (R) Monthly interest rate, (n) Total number of monthly payments (30-year term), (M) Monthly payment. The second column is labeled Cost with entries 200,000 dollars, 0. 4 percent, 350, 1059 dollars and 85 cents. Which formula should be used to correctly calculate the monthly mortgage payment? M = P StartFraction Left-bracket R (1 minus R) Superscript n Baseline Right-bracket Over (1 R) Superscript n Baseline EndFraction M = P StartFraction Left-bracket R (1 R) Superscript n Baseline Right-Bracket Over Left-bracket (1 R) Superscript n Baseline minus 1 Right-bracket EndFraction M = P StartFraction R Over left-bracket (1 R) Superscript n Baseline minus 1 Right-bracket EndFraction M = P StartFraction Left-bracket R (1 R) Superscript n Baseline Right-Bracket Over (N R) EndFraction.

Answers

The monthly mortgage payment M is determined by taking into consideration the total amount of mortgage, the time period for the mortgage, and the rate of interest charged over the entire principal amount.

The formula to be used for the calculation of the monthly mortgage payment is:

[tex]M=P\dfrac{[R(1+R)^n]}{[(1+R)^n-1]}[/tex]

Where,

[tex]P[/tex] = Principal amount of $200,000

[tex]R[/tex] = Rate of interest of 0.4% per month

[tex]n[/tex] = number of mortgage payments that is 30 years

[tex]M[/tex] = Monthly payments

Thus, based upon the chosen formula the mortgage payment for each month will be determined that will be inclusive of the principal amount and the interest amount at the rate of 0.4% at the beginning or end of each month.

To know more about mortgage payment, refer to the link:

https://brainly.com/question/1542555

Answer:

B. [tex]M=P\frac{[R(1+R^{n})]}{[(1+R)^{n}-1 ]}[/tex]

Explanation:

Correct on edg quiz 2022

What are levels of production?

Amount of goods produced
Primary production
Producing at the Secondary level
Tertiary Production

Answers

Answer:

first one

Explanation:

Answer:

first one

Brainless and thanks plz

Explanation:

Which option identifies the type of budget development represented in the following scenario?

The Board of Directors of a large cereal manufacturer mandates a 6 percent increase in profits for 2015 and requests operating budgets from each department.


bottom-up approach

top-down approach

incremental method

zero-based method

Answers

Answer:top approach

Explanation:

Besides pricing and issues directly related to costs, what are at least two other considerations you would need to think about before marketing a product in multiple countries?
Imagine you are a board game creator with a great new idea, but little business experience. What are some of the benefits you could get out of going to a board game conference or convention?
Craft a short (three or four sentence) sales pitch with you as the product—that is, some service you offer, or maybe selling yourself as an employee. To help create the message, imagine you happened to be entering an elevator the same time as the potential customer/client/employer. What could you say in the short time it takes to go between a few floors to convince them to “buy” what you are offering?
You are opening a store that sells children’s hiking gear, aimed especially at very small children (preschoolers). What kind of brand could help you increase sales? What kind of logo might you use? Who is, ultimately, your target audience?
60 IF you answer these questions ASAP
EXPLAIN YOUR ANSWERS

Answers

Answer:

Publicity, connections, promotion, tips, advice, business partners, investors, Offers.

Explanation:

Conventions and conferences for anything are always meant for meeting others like you. They are created for social connection.

Two considerations to think about before marketing a product in multiple countries are cultural differences and language barriers.

What is marketing?

Marketing is the process of discovering, creating, and delivering value to a target market in the form of goods and services.

Cultural differences and language barriers are two factors to consider before marketing a product in multiple countries.

Different cultures have different values, customs, and preferences, which can influence how products are perceived and used.

Attending a board game conference or convention could provide several advantages as a board game creator with little business experience.

These events allow you to network with other game designers, publishers, and distributors while also showcasing your game to potential customers.

A brand that promotes outdoor exploration and adventure for young children could help increase sales for a store that sells children's hiking gear aimed at preschoolers.

Thus, this can be concluded regarding the given scenario.

For more details regarding marketing, visit:

https://brainly.com/question/13414268

#SPJ3

WHAT IS THE WORLDS LARGEST PEANUT 50 points

Answers

Answer:

I AM THE LARGEST PEANUT

Explanation:

Answer:

Unveiled with fanfare on a chilly Friday, Nov. 15, 1974, it's 3 feet long and 18 inches around, crafted of 50 pounds of aluminum and dedicated to the Bryan County Peanut Growers and Processors

Describe Globalization in your own words

Answers

Answer:

Globalization is the word used to describe the growing interdependence of the world's economies, cultures, and populations, brought about by cross-border trade in goods and services, technology, and flows of investment, people, and information. It can also mean the speedup of movements and exchanges all over the planet. It is important because it changes the way nations, businesses and people interact.

Hope that helped?

Explanation:

Peter has three daughters who are eligible students. What is the maximum amount of tax credit available to him under the American opportunity credit, assuming he meets all requirements

Answers

Based on current tax laws, the maximum amount of tax credit available to Peter is $7,500

Under the American Opportunity Tax Credit (AOTC):

Tax credit can be earned on eligible students. A maximum of $2,500 can be received as tax credit per student.

Peter has three daughters and they are all eligible students which means that the maximum credit available is:

= 2,500 x 3 students

=  $7,500

In conclusion, Peter can get $7,500 in tax credit.

Find out more about the AOTC at https://brainly.com/question/25889493.

as a general rule what percentage of debt to gdp

Answers

Answer:

There is no general rule.

Explanation:

Treasury yield is the return on investment, expressed as a percentage, on the U.S. government's debt obligations. Looked at another way, the Treasury yield is the effective interest rate that the U.S. government pays to borrow money for different lengths of time.

Nezzie invests in 300 shares of stock in the fund shown below. Name of Fund NAV Offer Price LKIT Mid-Cap $16. 58 $16. 99 Nezzie plans to sell all of her shares when she can profit $5,000. What must the net asset value be in order for Nezzie to sell? a. $16. 67 b. $33. 25 c. $33. 57 d. $33. 66.

Answers

The correct amount of net asset value is $33. 66. Net asset value is termed as the value of the asset after the evaluation of the company's profit and evaluating the paid-off debt of the firm.  

Computation of the total net value:

[tex]\begin{aligned}\text{The Total Net Value}&=(\text{ Number of shares} \times \text{Offer price}) + \text{profit}\\\text{The Total Net Value}&= 300 \:\rm shares \times \$16.99 + \$5000\\\text{The Total Net Value}&=\$10,097\end{aligned}[/tex]

The computation of the net asset value is:

[tex]\begin{aligned} \text{The Net Asset Value}&=\dfrac{\text{ Total Net Value}}{\text{Total Outstanding Shares}} \\\text{The Net Asset Value}&= \frac{\$10097}{300\:\rm shares} \\ \text{The Net Asset Value}&= \$33.66\end{aligned}[/tex]

Therefore, the correct option is D.

To know more about the calculation of the net asset value, refer to the link below:

https://brainly.com/question/2718055

match each hypothetical country’s aging structure to its most likely economic situation.

Answers

It should be noted that the aging structure data is important as it allows the rate of growth to be associated with the population in a country.

Your information is incomplete. Therefore, an overview of the topic will be given. There are typically three age structures which are:

The children who are under 15 years old.The working-age who are between 15 - 64 years.The elderly ones who are 65 years and older.

It should be noted that an aging population lower the labor-force participation and slows down economic development in the country.

Learn more about aging population on:

https://brainly.com/question/14540910

you are the owner of a rapidly growing e-commerce business and you are looking for ways to customize your ads. since your team is extremely busy, you want to find an external solution to keep your ads updated and relevant. in order to accomplish this goal, you may consider purchasing _______.

Answers

Subscription to the automation software such as Zappier

Ecommerce firms, which are those that send goods, services, and funds over the internet, range in size and breadth from retail behemoths to small businesses.

What is Automation Software?

Automation software is a type of program that reduces the need for human intervention and may be employed in practically any sector. Automation software, at its most basic, is intended to convert recurring, routine operations into automated actions.

Thus Purchasing subscription of automation software will be correct answer.

For more information about Automation software refer to the link:

https://brainly.com/question/5626967

RESPA (Real Estate Settlement Procedures Act) permits real estate firms to be affiliated with title insurance companies or mortgage brokers as long as

Answers

The RESP Act permits the real estate firms to be affiliated with title insurance companies or mortgage brokers as long as the companies make a written disclosure of their relationship with one another.

The Real Estate Settlement Procedures Act requires the lenders, mortgage brokers providing home loans to provide to borrowers, a pertinent and timely disclosures regarding the nature and costs of the real estate settlement process.

In conclusion, the Act of RESP permits the real estate firms to be affiliated with title insurance companies or mortgage brokers as long as the companies make a written disclosure of their relationship with one another.

Read more about RESP Act

brainly.com/question/14102102

Is Mark Zuckerburg a robot? cuz he sure looks like one

Answers

Answer:

he is lol

Explanation:

Answer:

hell yea i agree the dude's hella sus

Traditional direct marketing tools include​ ________.

​A. websites, catalog​ marketing, telemarketing,​ e-mail, kiosks, and online videos

B. catalog​ marketing, telemarketing,​ websites, e-mail, direct mail​ marketing, and online advertising

C. catalog​ marketing, telemarketing,​ websites, e-mail, online​ videos, and blogs

D. face-to-face selling,​ direct-mail marketing, catalog​ marketing, telemarketing,​ direct-response television​marketing, and kiosk marketing

E. catalog​ marketing, online​ advertising, e-mail,​ telemarketing, direct-response television​ marketing, and websites

Answers

Answer:

Face to face selling, direct-mail marketing, catalog marketing, telemarketing, direct-response television marketing, and kiosk marketing. or in other words your option is D

Explanation:

Consider Australian football, cricket, and field hockey. Of the three, list which of those sports you find the most interesting, why it interests you, and a few rules of the game.

Answers

Answer:

Basic Rules Of Cricket

Cricket is played between two teams each made up of eleven players. ...

Games comprise of at least one innings where each team will take turns in batting and fielding/bowling.

The fielding team will have a bowler bowl the ball to the batsman who tries to hit the ball with their bat.

Explanation:

hope this helps

Sample Response: Students should select one of the listed sports and be able to describe some unique features of the sport highlighted in the test. Their interest in the sport can be pretty much anything including their relative obscurity in the US mainstream, past experience playing with family, or because they seem uniquely challenging. 

Question 6 of 40
What kind of account requires you to leave your money in it for a specific amount of time?
A. Checking account
B. Stock market account
C. Savings account
D. Money market account​

Answers

Answer:

money market account

Explanation:

What was one result of the Bretton Woods system?
A. The U.S. dollar became backed by gold for the first time.
B. The U.S. dollar was no longer accepted in most countries.
C. The U.S. dollar became more valuable and influential.
D. The U.S. dollar lost its status as the world's reserve currency.

Answers

One of the results of the Bretton woods system was that the U.S dollar became more valuable and influential.

What is Currency?

Currency is a medium for exchange for goods and services. It is a form of legal tender approved by the government and accepted by all as a means of exchange.

The U.S dollar is a popular form of currency that is accepted by most countries as a form of exchange. After the Bretton Woods system was adopted, the U.S dollar became more influential and valuable to many.

Learn more about Currency here:

https://brainly.com/question/1366402

#SPJ1

an example of a digital buyer who is engaged in product-focused shopping is someone who

Answers

Answer:

repurchased toothpaste from Amazon

Explanation:

Other Questions
what is the meaning of the word treacherous mean in the sentence belowQUICK plzzzzi-ready lvl F A line with a slope of -8/3passes through the point (0, 10). What is its equation inslope-intercept form?Write your answer using integers, proper fractions, and improper fractions in simplest form what is proportional representation? What can you infer about the Capitol citizens based on their behavior and appearance? How do they view (and treat) the district citizens/tributes? Simplify 7 1/3t(10 2/3t6) pls I dont know what the answers are can you help me what leader made athens more democratic Can someone help me plz Which of the following are examples of what scientists can learn from studying fossils?Select all that apply How did wine impact the Roman Empire? Which lines from "Dreams" by Langston Hughes contain a metaphor?A. frozen with snowB. Life is a barren fieldC. Hold fast to dreams hellooo merry christmas !can someone please help mee? ik its a lot but even just a little help would be very mich appreciated :)) Why did Wilson initially try to maintain neutrality in World War I?. Plz, Help Me Quickly!!I will mark Brainliest for the best answer. what are some expressions that are equivalent to 2(5n). How many steps or minutes would it take to burn off 890 calories? A laptop costs $899. How much will it cost if the store is offering a sale of 24% off? It is March 15, in the year 2514. The people of former New York are in desperate circumstances. They are being overrun, and they are losing hope. The banners proclaiming a Free the Real NYC lie in the gutters, trampled by terrified and panicked citizens. Two teens or kidz, as they are called now are on their way home from a secret meeting. As they walk in the shadows to avoid detection, they both trip on a huge titanium cylinder. Etched into the surface are a series of scratched-out words. The only words they can make out are, "he will prevail." They drag the heavy cylinder into a hidden alleyway and twist it open. The glow from their flashlights reveals the contents of the cylinder. With gasps of relief, they look at each other with hope in their eyes for the first time in years.Two teens were coming over from a secret meeting. They were Jess and Elijah they were worried about what would happen to them if they got caught at night especially since they've been going to secret meetings to save NYC. They were walking home when they came across a surface with words. The words read ''he will prevail'', They wondered who the message was talking about. Beside that message was a huge titanium tube. They dragged it with them into a secluded tunnel and opened it. They opened the cylinder and found contents in it that brought them hope to saving New York. They had hope. In the cylinder was a bunch of things to help them. There was a list of steps and a message from anonymous telling them that he knew what would happen and made that cylinder to help whoever found it to save the city. On March 15, 2014, the residents of New York City buried a time capsule. Their hope was that on March 15, 2114, it would be opened and the future residents of NYC would see what life was like 100 years in the past.Locked away in the titanium cylinder were important artifacts from the present day. The objects were chosen by citizens from all walks of life and professions: librarians, teens, computer programmers, medical professionals, research scientists, gardeners, biologists, and more.Etched onto the surface of the time capsule were the words of a famous author, William Faulkner: "I believe that man will not merely endure. He will prevail .....because he has a soul, a spirit capable of compassion and sacrifice and endurance."The capsule was buried with much hope for the future.Sadly, things didnt turn out as they had hoped.By March 15, 2514, New York had become a desperate place. Something big had changed. The city was in near ruins. Citizens were terrified.Two teens, as they were called now were on their way home from a secret meeting. As they walked in the shadows to avoid detection, they tripped on a huge titanium cylinder. Etched into the surface were a series of scratched-out words. The only words they could make out were, "He will prevail."The kidz dragged the heavy cylinder into a hidden alleyway and twisted it open. The glow from their flashlights revealed what was inside. With gasps of relief, they looked at each other with hope in their eyes for the first time in years. It was an article from 2505! They discovered that it was written about how the leader of the formerly NYC was planning to build a machine that could wipe out the entire city! They rushed back to the secret base of the Free the Real NYC resistance. They put the container on the table. Now that it was in better lighting, they could read the rest of the etchings. They read , Greek for "I'm dying." They learn that the etching was written by the founder of the resistance, Henry Gihigal. He wrote it when the leader of the Cultists, Tabea Thomas, was torturing him with methods unheard of. He wrote the "He will prevail" section speaking of the resistance. The "" was to tell the resistance to choose a new leader. They started planning their attack to make sure that the machine was destroyed. your introduction (exposition), and the middle (rising action and climax), you will write the end (falling action and resolution) of your narrative story.The conclusion to your narrative should be 50 words or more.Write the events that occur right after the climaxWrite a resolution with a theme (the life lesson you want your protagonist and your reader to learn)Write in the third person point of viewSubmit your entire narrative to your instructor (introduction, body, and conclusion).To help your instructor locate your newly added ending, write the word conclusion in parentheses between the middle and the first word of the conclusion.Save your work to your computer or drive.Submit your work in 03.08 The Big Finish. I'm not sure if this s corrct. Can you guys check it for me? 1. Twelfth Night contained a lot of figurative language. What is it?A) A figure of speech where the author refers to a subject matter by way of a passing referenceB) The process wherein an author introduces and then describes a characterC) A form of writing where the writer uses exaggeratedly complex sentences to convey a meaning that could have been conveyed through a much simpler sentenceD) Phrasing that goes beyond the literal meaning of words to get a message or point across