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Nitty-Gritty Numbers
State of Confusion
I'm Feeling Lucky
2932
The answer to life, the universe, and everything.
What is 42?
2932
The maximum amount of Child Tax Credit (CTC) per qualifying child is $2,000. The refundable part of the CTC, the ACTC, is worth up to THIS AMOUNT for each qualifying child.
2932
New York's DOR isn't called the DOR but THIS.
What is the DEPARTMENT OF TAXATION?
DEPARTMENT OF TAXATION AND FINANCE also acceptable.
2932
The INTU closing price today, 2.21.24, to the cent.
What is $657.92
5672
A mental shortcut commonly used to simplify problems and avoid cognitive overload
What is a HEURISTIC?
5672
Mental Math!
Lucy is a single taxpayer who qualifies for the maximum Student Loan Interest deduction, has AGI of $60,500, and is taking the standard deduction. Based only on that info, THIS is her taxable income - ($500 leeway allowed for estimated answers).
What is $44,150? plus or minus $500.
Expected estimated answer, with rounding standard deduction up to $14,000, is $44,000.
$60,500 - $2,500 = $58,000
$58,000 - $13,850 (hint: round up to $14,000)
= $44,150 or $44,000 is rounded up standard deduction
5672
California and THIS OTHER STATE do not allow a deduction for HSA contributions.
(Alabama has conformed to Federal as of 2018.)
What is NEW JERSEY?
5672
If you repurchase a stock within 30 days of selling it, the sale is considered THIS type of sale.
What is a WASH sale?
7308
The Big 4 Assisted metrics are tNPS, Pro Satisfaction, Survey Rate, and this.
What is Contact Resolution?
7308
The marginal Federal income tax rate for a joint taxpayer, not itemizing, no above-the-line deductions, with $107,000 in AGI.
7308
Colorado taxpayers are eligible for a state tax credit of THIS for the purchase or lease of a new EV on or after July 1, 2023 with a manufacturer’s suggested retail price (MSRP) up to $80,000.
What is $5,000?
If contestant brings up the potential $2,500 addition that also counts.
Eva was wrong in a post in the team room.
https://energyoffice.colorado.gov/transportation/grants-incentives/electric-vehicle-tax-credits
7308
The most common bargain element percentage for ESPP stock.
What is 15%?
11091
The top Survey Rate agent in all of TTL, Debra Lynch, closes her calls with a question for the customer and THIS request of the customer.
What is TO VERIFY THE CASE NUMBER (in the email she's going to send out as soon as she posts her notes)? :)
11091
The final deposit in Webserve for the customer with case number 1528771838.
What is $10,476.10?
11091
The IRS publication where the infamous rule stating a property's basis must be reduced by "allowed or allowable" depreciation can be found.
What is Publication 946?
https://www.irs.gov/publications/p946
Google search term: irs publication allowed or allowable
11091
The Federal refund the customer from case 1528905324 is expecting.
What is $372?
Use standalone EFE
https://csi.prd.it.efe.intuit.com/summary/csr_incometax
18143
Refunds for returns with either of THESE TWO CREDITS will arrive by February 27, provided there are no issues on the return, per the IRS.
18143
The final deposit in Webserve for TY23 tax filing for the customer with case number 1528594875.
What is $1,772.81?
18143
If you're a resident of Pennsylvania but work in New Jersey, you can simply get PA taxes withheld from your paycheck by duly submitting this form to the State of New Jersey Division of Taxation.
18143
Assuming AGI of $43,000 or more, adding a second qualifying child with no expenses can increase your Child and Dependent Care credit by up to THIS MUCH?
What is $600?