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Expert Answered
Asked 11/29/2010 7:24:10 PM
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home ownership versus leasing, identify a topic and provide a topic sentence you would use in a paragraph about the topic.
Weegy: Topic: saving money. (More)
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Expert Answered
Asked 11/30/2010 6:30:33 PM
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identify the three key parts of a paragraph.
Weegy: Three parts of a paragraph include the topic sentence, the body (sentences that support and expand on the topic sentence) and the conclusion. (More)
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Asked 11/30/2010 8:29:34 PM
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What is taxable income
Weegy: Taxable income is the portion of income that is the subject of taxation according to the laws that determine what is income and the taxation rate for that income. [ Generally, taxable income refers to an individual's (or corporation's) gross income, adjusted for various deductions allowable by statute. ] (More)
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Updated 12/6/2010 9:51:03 PM
1 Answer/Comment
The amount of income that is used to calculate an individual’s or a company’s income tax due. Taxable income is generally described as gross income or adjusted gross income minus any deductions, exemptions or other adjustments that are allowable in that tax year.
Taxable income is also generated from appreciated assets that have been sold or capitalized during the year and from dividends and interest income. Income from these sources is generally taxed at a different rate and calculated separately by the tax entity.
Added 12/6/2010 9:51:03 PM
There are a number of ways to fill out tax return. If you prepare your own tax returns, you can use a software package to fill out the proper forms.
Weegy: The benefits of e-filing are double checking everything, quicker refund (if there is one), and ease of doing taxes next year. [ The only con could be that you would close your account by mistake after filing your taxes, and the taxes would get returned to the IRS. ] User: List one benefit and one disadvantage of filing your taxes electronically. Weegy: One advantage is that you would get your refund quicker. User: disadvantage of ... (More)
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Expert Answered
Asked 12/7/2010 6:52:22 PM
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