Simon is single and a stockbroker for a large investment, Ask an Expert

Management Studies

Simon is single and a stockbroker for a large investment bank. During 2010, he has withheld from his paycheck $2,250 for state taxes and $400 for city taxes. In June 2011, Simon receives a state tax refund of $145. What is the proper tax treat- ment of the refund in 2011 if

a. Simon uses the standard deduction?

b. Simon has itemized deductions other than state and city income taxes of $4,500?

c. Simon has itemized deductions other than state and city income taxes of $3,100?

View complete question

Business Management, Management Studies

Category:- Business Management
Reference No.:- M91700716

Have any Question?Write your Review or question?

Related Questions in Business Management

Critical essay on topic of choice from the

Critical Essay on Topic of Choice from the Lectures LENGTH:2000 words Research any topic from the lecture, discuss it using research based evidence, and analyse it using feminist theory. Your essay must make a case, or a ...

A start-up company that makes robotic hardware for cim

A start-up company that makes robotic hardware for CIM (computer integrated manufacturing) systems borrowed $1.1 million to expand its packaging and shipping facility. The contract required the company to repay the lende ...

What are some challenges that come with global branding and

What are some challenges that come with global branding and also what are the benefits. what makes global branding unique. what part of the world pose the bigger challenges explain why.

Discuss how the concepts of diminishing marginal utility

Discuss how the concepts of diminishing marginal utility and utility maximization serve to underpin the concept of demand and quantity demanded. Include examples in your response.

Consider a convenience store that is open 247 and stocks

Consider a convenience store that is open 24/7 and stocks paper towel rolls. Each roll of paper towels sells for $2.25. The paper towel vendor sells the convenience store rolls based on the quantity purchased. The purcha ...

Suppose we have a dataset with 500 spam emails and 500

Suppose we have a dataset with 500 spam emails and 500 non-spam emails. When we apply our learned model to this dataset, suppose our model correctly predicts 300 of the 500 spam emails as spam, and incorrectly predicts 1 ...

What advantage does india have in the international area on

What advantage does India have in the international area on bargaining power?

The presidents basic problem in my opinion is that she is

"The president's basic problem, in my opinion, is that she is too unemotional. She makes all her decisions on cold logic and seems to ignore the human dimension. If you don't believe me, I offer as proof the way she with ...

How does a fundraiser use donor motivations to increase

How does a fundraiser use donor motivations to increase fundraising effectiveness? What is your opinion on why so much of the money given to charity comes from people who are not wealthy-what is their motivation?

Which of the listed qualities of leaders and managers did

Which of the listed qualities of leaders and managers did the nurse manager display? Which behaviors? Which ones did the nurse manager not display?

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Business Management Expert