Morgan lives alone and needs to move to start a new job. She drives 400 kilometres closer to her new place of employment. The drive takes her 1 day. She pays for hotels for 10 days in her new city while waiting for her apartment to be available which costs $100 per day ($1,000 total). She pays a mover $1,200 to move her furniture. What is the maximum deduction Morgan can takè for moving expenses, assuming she has sufficient income in the new location?

Bob has lost his job and had to move back in with his mother. She agreed to let Bob have his old room back on the condition that he pay her $250 rent per month, and an additional $1500 every other year to pay for her biannual jaunt to Florida. Since he is down on his luck, she will allow him to pay his rent at the end of the year. If inflation is 3% and Bob’s interest rate is 5%, how much is the present cost (in Year-1 dollars) for a 5-year contract with mom? (Note: Mom’s trips are in Years 2 and 4).

Monica has a yearly salary of $36,100. Her employer withholds $4320 in state and federal taxes and $3744 in FICA taxes throughout the year. She has the following monthly costs: transportation is $250, cell phone bill is $85, student loans require $260 in repayment, and rent is $500. She is using the average monthly costs for each of the following in order to gain an idea of other monthly expenses: utilities are $150, internet is $105, health insurance is $391, and groceries are $350. What is Monica's monthly net pay amount? Round your answer to the nearest cent, if necessary.

Noor Patel has had a busy year! She decided to take a cross-country adventure. Along the way, she won a new car on The Price Is Right (valued at $14,600) and $500 on a scratch-off lottery ticket (the first time she ever played). She also signed up for a credit card to start the trip and was given a sign-up bonus of $100. How much from these will she have to include in her federal taxable income?

Brandi holds two jobs and attends graduate school on weekends. The education improves her skills, but does not qualify her for a new trade of business. Before going to the second job, she returns home for dinner. Relevant mileage is as follows?   Home to first job 10 miles First job to second job 15 miles Home to second job 18 miles Home to university 9 miles   How much of the mileage qualifies for deduction purposes?

Jasmine purchased a home in San Francisco near her best friend Sallie. The purchase price of the home was $ 2,000,000. However, Jasmine only financed 80% of the home value as she was able to secure the $400,000 down payment to help lower her monthly payments. What is her monthly payment if she financed at today's rate of 7.55% for a 15-year mortgage?

Ali is a student at the University. He recently purchased a car for OMR5,000 to use it for going to the University. Ali also expects that other friends might ask for transportation from him. He expects a total monthly revenue of OMR50. He expects fuel cost to be OMR30 per month. One of Ali's friends is a taxi driver. He offered Ali to take him to University for a monthly fee of OMR20. Because he does not have to drive, Ali believes that he can perform online work that would earn him a monthly revenue of OMR20, What is the differential revenue in this scenario? Select one: O a. OMR50 Ob OMR30 Oc. OMR40 0d. OMR2D e OMR10

Mickey is a 12-year-old dialysis patient. Three times a week for the entire year, he and his mother, Sue, drive 20 miles one way to Mickey's dialysis clinic. On the way home, they go 10 miles out of their way to stop at Mickey's favorite restaurant. Their total round trip is 50 miles per day. Required: How many of those miles, if any, can Sue use to calculate an itemized deduction for transportation? Use the medical mileage rates in effect for 2022, 18 and 22 cents a mile per each half of the year, to determine the deduction, based upon their driving being accrued evenly throughout the year. Compute Itemized deduction. Note: Round your "Itemized deduction" answer to 2 decimal places. Number of miles to be used Itemized deduction X Answer is complete but not entirely correct. $ January through June July through December 6,240 x 1,123.20 S 6240 X 1,372.80 x

Martin and her girlfriend took a week off from work to spend some time in a cottage in Mont-Tremblant. The weekly rent of the cottage was $1000. They spent about $200 in gasoline for the round trip. Meals and parking bill summed up to $500. Had the couple not gone for this mini-vacation, each of them would have earned $1000. The opportunity cost for the couple of taking this vacation is Select one: A. $3700. B. $2700 C. $1700 D. $2000 E. $0. Martin and her girlfriend took a week off from work to spend some time in a cottage in Mont-Tremblant. The weekly rent of the cottage was $1000. They spent about $200 in gasoline for the round trip. Meals and parking bill summed up to $500. Had the couple not gone for this mini-vacation, each of them would have earned $1000. The opportunity cost for the couple of taking this vacation is Select one: A. $3700. В. $2700 C. $1700 D. $2000 E. $0.

Lashonda wants to buy a new house but needs money for the down payment. Her parents agree to lend her money at an annual rate of 2%, and charged a simple interest. They lend her $6000 for 3 years. She makes no payments except the one at the end of that time. a) how much total interest will lashonda have to pay? b) what will the total repayment amount be (including interest)?