Tax-deferred retirement plans are a type of:
B. itemized deduction.
C. passive income.
D. tax shelter.Weegy:
Tax-deferred retirement plans are a type of: D. tax shelter.http://money.cnn.com/2005/09/09/news/fortune500/scandal_taxshelters/index.htmAuto answered|Score 1User:
A family with $45,000 in assets and $22,000 of liabilities would have a net worth of:
D. $67,000. Weegy:
23,000 BAuto answered|Score .6|Caddy83|Points 70|User:
Nick Rodr has a savings account with $550 in it. He knows that he can withdraw this money from his savings account whenever he wishes: This would be an example of:
A. money management.
B. an opportunity cost.
C. a balance sheet.
D. a liquid asset. Weegy:
D. a liquid assetAuto answered|Score 1|Ennieck|Points 80|User:
A deduction from adjusted gross income for yourself, your spouse, and qualified dependents is:
A. the standard deduction.
B. a tax credit.
C. an itemized deduction.
D. an exemption.Weegy:
D. an exemption.Auto answered|Score .8|patrick_hustla|Points 890|User:
The Roth IRA differs from the regular IRA in that:
A. earnings on the account are tax free after five years.
B. contributions may exceed $2,000.
C. deposits must be in federally-insured accounts.
D. funds are only to be used for education expenses. Weegy:
A. earnings on the account are tax free after five years.Auto answered|Score 1|Fanboy|Points 2821|User:
Itemized deductions are recorded on:
A. Form 1040A.
B. Schedule A.
C. Schedule B.
D. Form 2106. Weegy:
The answer is B. Schedule A
]Auto answered|Score 1|danjames|Points 315|User:
If a family planned to spend $370 for food during March but only spent $348, this difference would be referred to as a:
C. budget reduction.
D. contribution to net worth. Weegy:
If a family planned to spend $370 for food during March but only spent $348, this difference would be referred to as a: D. contribution to net worth.Auto answered|Score 1|andrewpallarca|Points 17306|User:
Which type of tax is imposed on specific goods and services at the time of purchase?
C. General sales
D. Value-added Weegy:
B. Excise Tax is a tax imposed on specific goods and services at the time of purchase. Excise tax is typically imposed on gasoline, cigarettes, alcoholic beverages, tires, and air travel.www.flashcardmachine.com/personal-finance-vocabulary.htmlAuto answered|Score 1User:
The main purpose of taxes is to:
A. generate revenue for funding government programs.
B. reduce the chances of inflation.
C. create jobs.
D. discourage use of certain goods and services. Weegy:
The main purpose of taxes is to: A. generate revenue for funding government programs.Auto answered|Score .6|Giana|Points 1081|
All Categories|No Subcategories|Auto Answered|12/9/2012 1:02:49 PM