Ch. 1 - General Overview

Descrição

Business/Economics (Income Tax) FlashCards sobre Ch. 1 - General Overview, criado por Ariel Sauln em 25-04-2017.
Ariel Sauln
FlashCards por Ariel Sauln, atualizado more than 1 year ago
Ariel Sauln
Criado por Ariel Sauln aproximadamente 7 anos atrás
2
0

Resumo de Recurso

Questão Responda
Deductions that reduce your total income Adjustments to income
Total/gross income less adjustments Adjusted Gross Income (AGI)
Either the taxpayers qualifying child or qualifying dependent Dependent
All income from whatever source and is not limited to cash received Gross Income
An individual who is not a U.S. citizen or national, and has not passed the green card test or the substantial presence test. Nonresident alien
An individual who is not a U.S. citizen or national, and who meets the green card test or the substantial presence test. Resident alien
Can take for himself and a spouse (if married), $4,000 per taxpayer for 2015 Personal Exemptions
Can take for each dependent listed on the tax return, $4,000 per dependent for 2015 Dependent Exemptions
Gross income less and allowable tax deductions, that is, the amount of income that is subject to tax Taxable Income

Semelhante

UNIT 5 Practice Test
Kathleen Keller
Gross income
meyer cohn
4 Types of Resources
Olivia t
Financial Management
pharduar
Rationality Assumption: "Homo Economicus" (Ch 1)
Olivia t
QBO Chapter 7 Key Terms
Joel Johnson
QBO Chapter 9 important terms
Joel Johnson
Chapter 6 Key Words
Joel Johnson
Chapter 7 Key Words
Joel Johnson
Chapter 9 Key Words
Joel Johnson
Chapter 13 Key Words
Joel Johnson