Your written respenses must be neatly typed, and free of major grammatical and s

Question

Your written respenses must be neatly typed, and free of major grammatical and speling errors. (12 pts): Choose a video produced by the US Chemical Safety Board (www.csb.gov) which pertains to an industry in which you'd like to work, After watching the video carefully, summarize the following in a short paragraph: a, Where and when the incident occurred b. The root cause(s) that initiated the incident c. Recommendations offered by the CSb to prevent similar incidents d. Was the hazard obvious before the incident? Why or why not? Please provide the complete title of the video you chose to watch, and use complete and grammatically correct sentences in your writing. Full credit will only be granted if an in-depth answer is provided,

Explanation / Answer

Ms. Susan Smart,

USA.

Subject: Tax Return for Year 2015.

Dear Madam,

Based on the information provided by you we have made necessary calculations and are hereby attaching you the tax return calculation on your Income for the year 2015.

You have mentioned that you have sold the seld occupied property on July 1, 2015 at $1,100,000. This income is excluded from your income as you owned your home and lived in it for at least 2 years out of the 5-year period leading up to the sale.But in this case you cannot claim the deduction for depreciaition as that was a self occupied preperty for 2015.

The normal calulation tax based on your income is as follows:

It looks like you will owe additional tax in the amount of $8719 based on the data you have submitted.

Also we advise you to filke Form 1040 relating to the income arising from sale o

Filing Status: Single Dependents: 1 Exemptions: 2 Exemption Value: 8000 Income: 70000 Adjustments to Income: 0 Adjusted Gross Income(AGI): 70000 Standard Deduction: 6300 Itemized Deduction: 0 Taxable Income: 55700 Tax: 9719 Credits: 1000 Other Taxes: 0 Payments: 0 Your Tax Bracket: 25% Your Effective Tax Rate: 17%

Related Questions

Navigate

• Browse (All)
• Browse Y
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.