All calculations were correct on worksheet for calculating efficiency, utilization. and productivity. 2. Calculated total cost to the customer to be $969.38. 3. Students utilized service manual to formulate steps service manager would use. to oversee the technician performing.
Inheritance and estate taxes. Massachusetts does not have an inheritance tax, but does collect an estate tax. Previously, the state's estate tax system was tied to federal estate tax collection, but Massachusetts decoupled its estate tax from the current federal levy.
The taxable amount to be reported on the Massachusetts tax return is $6,475 ($6,500 less the cost of the 3 winning ticket amounts of $25.) For federal purposes, the winnings of $6,500 are reported on the 1040, Line 21, and the losses of $955 may be claimed on Schedule A under Other Miscellaneous Deductions.