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Question 96 Pierce meets all the requirements and qualifies for the Senior Head of Household Credit. His California adjusted gross income is $79,000 and his taxable income on line 19 of his Form 540 is $72,000. Therefore, his Senior Head of Household Credit for 2020 is what amount? O A. $0 OB. $1,000 O c. $1,440 OD. $1,499

Question 96 Pierce meets all the requirements and qualifies for the Senior Head of Household Credit. His California adjusted gross income is $79,000 and his taxable income on line 19 of his Form 540 is $72,000. Therefore, his Senior Head of Household Credit for 2020 is what amount? O A. $0 OB. $1,000 O c. $1,440 OD. $1,499

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question 96 Pierce meets all the requirements and qualifies for the Senior Head of Household Credit. His California adjusted gross income is $79,000 and his taxable income on line 19 of his Form 540 is $72,000. Therefore, his Senior Head of Household Credit for 2020 is what amount? O A. $0 OB. $1,000 O c. $1,440 OD. $1,499
Transcribed Image Text:Question 96 Pierce meets all the requirements and qualifies for the Senior Head of Household Credit. His California adjusted gross income is $79,000 and his taxable income on line 19 of his Form 540 is $72,000. Therefore, his Senior Head of Household Credit for 2020 is what amount? O A. $0 OB. $1,000 O c. $1,440 OD. $1,499
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