Leticia is a single person who makes $45,000 per year. This year she paid $2,000 in student loan interest, $1,500 in medical expenses, $7,200 in rent and $4,800 in car loan payments. She contributes $3,600 per year to her 401(k) plan at work
Give her some tax advice.
A) Single people should always take the standard deduction.
B) People who have medical expenses should always itemize their deductions.
C) Calculate your taxes using both methods to see which provides a greater deduction.
D) You should itemize if you pay interest, since interest of any kind is tax deductible.
Answer: C
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A. $37,000. B. $41,000. C. $105,400. D. $31,400. E. $115,000.
Trial close is generally used before answering an objection.
Answer the following statement true (T) or false (F)
Many leases in leased departments can be terminated on very short notice (as little as 60 days) by the leasor. This gives the leasor _____
a. decreased bargaining power b. increased bargaining power c. protection under fair practice laws d. additional revenue
Dissociation normally entitles the partner to buy his or her interest from the partnership
Indicate whether the statement is true or false