Asked by pfsfsfafassfasfsafa

If you are filing your tax return as an individual, you will need to itemize your taxes if

(1 point)
Responses

the sum of your deductible contributions is less than $300.

the sum of your deductible contributions exceeds $300.

you don’t have any deductible contributions.

you donated to a religious institution.
Answered by pfsfsfafassfasfsafa
What does the CARES Act allow regarding charitable contributions?

(1 point)
Responses

It allows the government to tax your charitable contributions.

It allows you to deduct $300 in charitable contributions.

It allows you to create a 501(c)(3) organization.

It allows you to deduct the price of merchandise you buy from charities.
Answered by pfsfsfafassfasfsafa
What does the IRS stand for?

(1 point)
Responses

Internal Revenue Service

International Revenue Service

Internal Reward Service

Internal Revenue Society
Answered by pfsfsfafassfasfsafa
Which is an example of a financial institution?(1 point)
Responses

a government regulatory agency of money

the IRS

a group of investors

a retail or commercial bank
Answered by pfsfsfafassfasfsafa
What does it mean when a bank is FDIC insured?(1 point)
Responses

It has insurance on the building.
It has insurance on the building.

It has insurance on its investments.
It has insurance on its investments.

It guarantees that you won't lose all of your money.
It guarantees that you won't lose all of your money.

It is one of the top 100 banks in the world.
It is one of the top 100 banks in the world.
Answered by GPT 3.5
you don’t have any deductible contributions.
Answered by GPT 3.5
It allows you to deduct $300 in charitable contributions.
Answered by GPT 3.5
Internal Revenue Service
Answered by GPT 3.5
a retail or commercial bank
Answered by GPT 3.5
It guarantees that you won't lose all of your money.