Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. question 6 of 10.michael and his wife, carme

Question 6 of 10.Michael and his wife, Carmela, are Rhode Island residents. They are required...

70.2K

Verified Solution

Question

Accounting

Question 6 of 10.
Michael and his wife, Carmela, are Rhode Island residents. They are required to file in Rhode Island and want to file separately. He has been employed in Vermont since December of 2017. Michael spends every other weekend in Rhode Island. How should Michael's Vermont wages be reported on their separately-filed Rhode Island tax returns?
The entire amount of Michael's Vermont wages are reported on his Rhode Island return. Carmela does not need to report any of Michael's Vermont wages on her Rhode Island return.
Half of Michael's Vermont wages are reported on each of their Rhode Island returns.
Michael's Vermont wages do not require reporting on either of their Rhode Island returns because Rhode Island does not tax its residents on income earned in other states.
Half of Michael's Vermont wages will be reported on his Rhode Island return. Carmela is not required to report any of Michael's Vermont wages on her return.
Mark for follow up

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Global sourcing, as well as the global transportation associated with it, is more challenging than sourcing...

Operations Management
Q

1.a)What is corona discharge? b)Why engineers avoid sharp extensions in high voltage wires? c)What is a capacitor and...

Physics
Q

Houston-based Advanced Electronics manufactures audio speakers for desktop computers. The following data relate to the period...

Accounting
Q

Construct a scatterplot find the value of the linear correlation coefficient r and find the...

Statistics
Q

Use the shell method to find the volumes of the solids generated by revolving the...

Algebra
Q

One Trick Pony (OTP) incorporated and began operations near the end of the year, resulting...

Accounting
Q

1. You take out a car loan of $10,000 at 12% with monthly compounding. The...

Accounting
Q

The following accounts are on a trial balance of a corporation: Cash. q, $58,000...

Accounting
Q

Discuss gains/losses on sale of equipment in view of investors assessment of these gains/losses (i.e.,...

Accounting
Q

Please find three examples of IT project failure projects in year 2018 to 2021 through...

Accounting
Q

This is all part of one question. Bharat Bicycle, located in India, produces...

Accounting
Q

Why should each department participate in preparing its own budget? How much control do you...

Accounting