48. Could the following item be deductible on an individual schedule A US 1040 for 2023.   A. Personal property tax based on value and charges on an annual bias.    B. Foreign real property tax    C. Direct monetary assistant to an individual in need.

Badges of trade are used to determine A. if an individual is UK resident or not B. whether or not a trade exists C. how much tax an individual should pay D. the age of a taxpayer 10. Unused pension allowance can be carried forward up to A. 1 year B. 3 years C. 2 years D. 6 years.

1. What loan from the federal government given to individual states is used to provide unemployment benefits to state residents? Answer:   A.    SUTA Advances     B.    FUTA Advances     C.    Title XII Advances     D.    Title 15 Advances 2. The SUTA tax rate is determined by an employer’s _____. Answer:   A.    credit reduction     B.    FUTA tax rate     C.    experience rating     D.    Medicare tax rate  3. Identify each item as associated with Form 1099-NEC, Form 1096, or both. A.   Displays earnings for one individual    Form 1099-NEC        Form 1096        Both     B.   Displays earnings for multiple individuals    Form 1099-NEC        Form 1096        Both     C.   Requires a signature    Form 1099-NEC        Form 1096…

Which of the following combinations are deductible as itemized deductions in 2020? Group of answer choices A. Real estate tax, 2020 state balance due paid in 2021, personal property tax.   B.Real estate tax, foreign tax, state estimates paid in 2020..   C. State & federal withholding, real estate tax, personal property tax.   D.Real estate tax paid, state & local withholding, state balance due paid in 2020, sales tax based on state of residence and family size.

D. Tax credit for income tax paid or incurred to a foreign country 1. Assume that a resident citizen has the following taxable income from sources in the Philippines and in Dallas, Texas, USA, for year 2022: Taxable income, Philippines Taxable income, Dallas, Texas, USA Income tax paid in Dallas, Texas, USA P 5,495,000 2,355,000 824,250 Required: Compute income tax still due or payable after tax credit.

4. What is the due date for tax returns employees and self employed taxpayers in Canada taxation? When istax payable due?5. What is the ditterence between total income net income & taxable income in Canada taxation?6. What records and receipts must be kept in Canada taxation

Which of the following is a deductible California expense subject to a 2% of adjusted gross income limitation? Adoption-related expense. Casualty and theft losses. Gambling losses. Tax preparation fees.

Please help me to solve this problem

.Statement 1: Non-resident individual taxpayer are also subject to 15% final tax on their income from expanded foreign currency deposit system.Statement 2: There can be a 6% capital gains tax on sale of a real property in USA.   True, True False, False False, Truew True, False

Calculation of Foreign Tax Credit (here is the answer for A&F. You need to complete Basket B&D and Basket E