Examlex

Solved

During 2013,Mark's Employer Withheld $2,000 from His Wages for State

question 41

Multiple Choice

During 2013,Mark's employer withheld $2,000 from his wages for state income tax.Mark claimed the $2,000 as an itemized deduction on his 2013 federal income tax return.His total itemized deductions for 2013 were $6,000.Mark's taxable income for 2013 was a negative $20,000 due to substantial business losses.Mark received the $2,000 as a refund from the state during 2014.What amount must Mark include in income in 2014?


Definitions:

Natural Selection

The process by which organisms better adapted to their environment tend to survive and produce more offspring, driving evolution.

Organisms' Success

The extent to which an organism can survive, reproduce, and pass its genes to the next generation in its specific environment.

Adaptive Function

Traits or behaviors that have evolved to serve a specific survival or reproductive purpose in the context of natural selection.

Evolutionary Perspective

A theoretical approach that examines psychological traits, such as memory, perception, or language, from a modern evolutionary perspective, considering how evolutionary processes like natural selection have shaped them.

Related Questions