Maurice Tutor

(5)

$15/per page/Negotiable

About Maurice Tutor

Levels Tought:
Elementary,Middle School,High School,College,University,PHD

Expertise:
Algebra,Applied Sciences See all
Algebra,Applied Sciences,Biology,Calculus,Chemistry,Economics,English,Essay writing,Geography,Geology,Health & Medical,Physics,Science Hide all
Teaching Since: May 2017
Last Sign in: 402 Weeks Ago, 3 Days Ago
Questions Answered: 66690
Tutorials Posted: 66688

Education

  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

Experience

  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 09 Aug 2017 My Price 6.00

Marsha Quigley

Marsha Quigley filed her return for 2009 and reported taxable income computed as follows. AGI (includes $2,000 state income tax refund previously deducted with a tax benefit) $80,000 Personal exemption. (3,650) Misc. Itemized deductions in excess (28,000) Of 2% of AGI Taxable income. $48,350 Although Masha had state and local tax expense of $9,000, she chose not to deduct them in calculating taxable income. Masha believed that she claimed the state and local taxes, she would be subject to the AMT. As a result, she filed her Form 1040 as a single individual and reported a tax liability of $8,281. Upon audit of the return, the IRS concluded that Masha should have included $9,000 of state and local taxes in her itemized deductions. Thus, her decision not to deduct the state and local taxes did not relieve her from being subject to the AMT. Who is correct? Explain

Answers

Maurice Tutor
(5)
Status NEW Posted 09 Aug 2017 10:08 PM My Price 6.00

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