Taxpayers can claim a child tax credit for each qualifying child. How is a qualifying child defined?
What will be an ideal response?
A qualifying child is a son or daughter or descendant of either, a stepson or stepdaughter or descendant of either, or a foster child who the taxpayer can claim as a dependent. The qualifying child must also be a U.S. citizen or resident who is under the age of 17 at the end of the tax year, be younger than the person claiming the credit for the child, and be unmarried.
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The following article titles are from Business Week magazine. Which article is most likely to be reporting on a macro-marketing topic?
A. "Russia Increases Output of Consumer Goods" B. "Two-Person Engineering Firm Offers Unique Service" C. "Pepsi Sells in Japan" D. "Donations to Tsunami Victims Fund Increase after TV Broadcast" E. "Bank of America Offers New Internet Banking Services"
Which of the following is NOT an appropriate reason for a merger or acquisition?
A) Economies of scale that result from the merger. B) The replacement of an inefficient management team. C) To promote "agency problems." D) To reduce overlapping costs.
Interest payments on auto loans are not tax-deductible
Indicate whether the statement is true or false
A sample of 21 elements is selected to estimate a 90% confidence interval for the variance of the population. The chi-square value(s) to be used for this interval estimation is(are)
A. 31.410. B. 12.443. C. 10.851 and 31.410. D. 12.443 and 28.412.