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3,000 dollars in the year 1980 is equally to 9,115 dollars and 34 cents in 2014. This is because inflation is a little over 3 percent.

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How can aafes offset your husband's tax refund for something you did when you did not have an income?

i need help with this also... paid my account in full 3000+ dollars in debt with them and now they are taking 1400 more from this refund.... im at a loss and looking for lawyers or other vets that can help. they told me i was free and clear now a year later im paying more penalties and fees from a paid in full account i call BLUFF and have folded my cards on the table i have no other option but to keep paying the "penalties and fees" that this collection agency is now harrassing me about


What is the meaning of entries to apportion recorded cost?

Apportioning cost means dividing cost between Expired cost (depreciated value) and Unexpired cost (not depreciated yet). Cost which is used or whose time period is over is expired cost which can also be called as expense now, while unexpired cost can be named as remaining book value. For example, Prepaid rent was paid in September for the coming 4 months was $4000. Now, at the end of September the expired cost will be $1000 (and will be recorded in income statement as expense) and Unexpired cost will be $3000 (& will be recorded in Balance sheet as an asset ). Entry at the start of September would bePrepaid Rent a/c $4000 (Dr)Cash a/c $4000 (Cr) Entry at the end of September would be Rent a/c $1000 (Dr)Prepaid Rent a/c $1000 (Cr)See here, the used up cost or you may say asset has been turned into an expense, mitigating the value of Prepaid rent with $1000. Suppose you are preparing Balance Bheet at the end of September, the $1000 will be recorded in Income Statement as an expense while the Remaining $3000 will be recorded as current asset in Balance Sheet.


What is the definition of the word cashed?

The word cashed means that the value of something has been turned into cash. For example, if a cheque is cashed, the cheque has been handed over and the person now has the cash value of it in money.


You bought 5000 dollars worth of penny stocks they are now worth 148 dollars can you claim the loss on your income tax?

I am not sure about US tax but in the UK you could claim a capital loss BUT only if you sell the stocks. (If you don't sell then in 10 years they could be worth 100000 dollars) Also in the UK you could not offset the loss against income only against tax on a capital gain (selling stocks at a profit).


You put 5000 opened an roth IRA in tax year 2001 the IRS told you i was only suppose to open with only 2000?

You would have to do an excess removal for the $3000 overage. The excess removal would now be treated as a distribution since it's after the deadline for the remove (would of had until Oct. 15 2002 to removal as an excess.

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What is the value of 300 in 1980?

To determine the value of $300 in 1980 in today's dollars, we need to account for inflation. The cumulative inflation rate from 1980 to now can vary depending on the specific year being compared. Generally, $300 in 1980 would be equivalent to approximately $1,000 to $1,200 today, depending on the specific inflation rate used. For a precise calculation, you can use an inflation calculator that factors in the consumer price index (CPI) for accurate results.


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