Gift cards - Study guides, Class notes & Summaries

Earned Income - Answer- Income derived from active participation in a trade or business, including wages, salary, tips, commissions and bonuses. Unearned Income - Answer- Any income that comes from investments and other sources unrelated to employment services. Examples: interest from a savings account, bond interest, alimony, and dividends from stock Exemptions (aka allowance) and how they work - Answer- If you are not claimed as a dependent on another taxpayer's return, then you can ...

Wise Financial Literacy Certification Test Topic Check List Graded A+ What are the different ways people can earn income? Income can come from wages, rental properties, interest, investments, business profits, and entrepreneurial activities. How does an exemption (also known as an allowance) function in taxation? An exemption reduces the portion of your income that is subject to taxes. What is liquidity, and what are examples of liquid assets? Liquidity refers to how easily asset...

Wise Test Questions and Answers Already Passed How does an exemption (or allowance) function in reducing taxable income? A. It increases the taxable income amount B. It directly reduces the total income tax owed C. It subtracts a portion of the income to lower the taxable amount D. It postpones the tax payments to a later date C. It subtracts a portion of the income to lower the taxable amount What does liquidity refer to, and which financial products are considered liquid? A. T...

WISE Review Questions and Answers 100% Pass Types of income sources include: earnings from employment presents or donations benefits provided by the government profits from investments An exemption is defined as: a legal allowance to lower the amount of income subject to taxation. Liquidity denotes: the simplicity with which an asset can be converted into cash. Examples are liquid assets like cash, securities, and easily accessible savings accounts. Gift cards are: ...

CRPC YOU GOT THIS STUDY CARDS - MEMORIZE AND BE FAMILIAR WITH THESE AND YOU GOT THIS. FRIGGEN 110% PASSING SCORE. Which one of the following is a requirement or rule related to the Section 121 exclusion? The taxpayer must have owned and lived in the home five years before the sale. Capital gains on the sale may be excluded for up to $500,000 for all taxpayers. The exclusion may not be used more than once within a two-year period unless an exception applies. - CORRECT ANSWER T...

A parent, anyone acting in place of a parent, anyone charged with rights, duties, and responsibilities of the child, anyone charged with duty, responsibility for health, welfare, or supervision of a child or vulnerable adult. CORRECT ANSWER Position of authority It is strictly prohibited, and is illegal. It is when a therapist receives a kick back from another therapist for a referral, and can include: gift baskets, cash, or gift cards CORRECT ANSWER Fee-splitting Refers to an organic brai...

accountability the responsibility of the donee organization to keep a donor informed about the use that is made of the donor's gift as well as the cost of raising it. acknowledgement letter written expression of gratitude for gift or service acquisition mailing (prospect mailing) a mailing to prospects to acquire new members advance gifts gifts given or pledged in advance of a public phase of a campaign, the success or failure of a campaign may depend on the size of the...

The Tennessee Human Rights Commission (THRC) enforces fair housing laws in the state. Exemptions to Tennesse's Human Rights Act are: 1. Rental of one housing unit when the building contains no more than two independent units, if the owner or a family member lives in one of the units. 2. Rental of a room or rooming unit in a housing accommodation that shares a common bath (and only in regards to sex as a protected class). 3. Sale, rental, or preference of a dwelling owned, operated, or ...

What is the organization Heart Line? (Parissa Safai) correct answers A kinesiology created organization that provides free first aid training, CPR, to individuals who are from large groups The founder is a road scholar at oxford university, he is getting an interview Who is Deanna Lentini? (Parissa Safai) correct answers Founder director of volunteer driven fix the 6ix. Graduate of kinesiology at York, started program when she was in her 4th year and is now Studying trying to be a physiother...

Walmart cashier methods latest update graded A+ WIC purchase They can buy less than the check but they never get money back. Sales tax is not covered. if the total is more than the card, they must pay the rest. 1) scan item 2) press total 3) write in the amount of spend on the voucher. Only what is used. THe max is the max spending limit 4) have customer sign it. 5) EBT payment slide in the card gift card slide in the card 2-4-8 Then Action Code It has a CSM come ass...