Weegy: Parents can reduce their taxes by: using a child-care tax credit. User: Most people pay federal income tax by: Question 17 options: paying the total amount owed by April 15. filing quarterly tax payments. having amounts withheld from income. earning tax credits for various deductions. Weegy: Most people pay federal income tax by HAVING AMOUNTS WITHHELD FROM INCOME. User: Which form would an individual use who has less than $50,000 in taxable income from wages, salaries, tips, unemployment compensation, interest, or dividends, and who is married and does not itemize deductions? Question 18 options: Form 1040 Form 1040EZ Form 1040A Schedule A Weegy: An individual would use Form 1040A, who has less than $50,000 in taxable income from wages, salaries, tips, unemployment compensation, interest, or dividends, and who is married and does not itemize deductions. User: Itemized deductions are recorded on: Question 19 options: Form 1040A. Schedule A. Schedule B. Form 2106. Weegy: Itemized deductions are recorded on Schedule A User: The Roth IRA differs from the regular IRA in that: Question 20 options: earnings on the account are tax free after five years. contributions may exceed $2,000. deposits must be in federally-insured accounts. funds are only to be used for education expenses. Weegy: The Roth IRA differs from the regular IRA in that: earnings on the account are tax free after five years. User: The main purpose of taxes is to: Question 11 options: generate revenue for funding government programs. reduce the chances of inflation. create jobs. discourage use of certain goods and services. Question 12 (5 points) Weegy: The main purpose of taxes is to: generate revenue for funding government programs. User: A trust has the purpose of: Question 1 options: solving a person's financial problems. obtaining low-interest loans. handling daily money management activities. managing the assets of a person. Weegy: A trust ... (More)

Weegy: A certificate of deposit usually has: limited liquidity. User: An account at a commercial bank designed for people who want to earn a higher savings rate is a(n) __________ account. Question 5 options: regular savings account regular checking share draft money market account (More)

Weegy: A credit union is a deposit institution. (More)

Weegy: In a Chapter 7 bankruptcy, a debtor is required to draw up a petition listing all assets and liabilities. User: Which of the following types of warranties is a specific agreement created by the seller or manufacturer? Question 1 options: Express Implied Full Limited (More)

Weegy: Arbitration differs from mediation in that arbitration is legally binding. User: Saved Federal Trade Commission regulations require that: Question 9 options: all used cars be sold with a warranty. used car buyers be informed if the vehicle comes with a warranty. used cars over 100,000 miles cannot be sold. major repairs must be made on all used cars offered for sal Weegy: Federal Trade Commission regulations require that: used car buyers be informed if the vehicle comes with a warranty. User: Saved __________ is considered a variable operating expense of an automobile. Question 10 options: Maintenance Depreciation Interest on auto loan Insurance Weegy: (More)