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.
A certificate of deposit is not taxable to the beneficiary, under the general rule that an inheritance is not subject to federal income tax. However, the earnings on an inheritance are taxable. The bank will send a 1099-INT when taxable interest paid on an account is at least $10 during the year.