User Account

All Pages

What amount can edwina apply as credit against her

Assignment Help Taxation
Reference no: EM13500972

Edwina worked at three jobs during 2011. She earned 30,000, 40,000 and 9,000 respectively form the jobs and had 10,000 from self-employment income. What amount can Edwina apply as credit against her 2011 income tax liability for overpayment of FICA taxes?

a. 765
b. 6,808
c. 1,291
d. 6,622
e. None

Could you also show me the work so that I can understand how to figure out future problems.

 

Reference no: EM13500972

Questions Cloud

Explain how much money would you spend on gas : While in Europe, if you drive 113 km per day, how much money would you spend on gas in one week if gas costs 1.10 \rm euros per liter and your car's gas mileage is 42.0 mi/gal. Assume that 1 euro = 1.26 dollars.
Explain where did the chloride ion come from : In the confirmation test that you performed for silver (I) ion, addition of nitric acid, HNO3, to a solution containing Ag+ produced the precipitate AgCl. Where did the chloride ion come from
Evaluate the audit risk of the kleptos audit engagement : Discuss what you need to consider before accepting the Kleptos Audit engagement and show the audit risk model and use it to estimate and evaluate the audit risk of the Kleptos Audit engagement.
Find at what speed does it leave the sprinkler holes : A garden hose with an internal diameter of 2.0 cm is connected to a (stationary) lawn sprinkler that consists merely of an enclosure with 30 holes, at what speed does it leave the sprinkler holes
What amount can edwina apply as credit against her : She earned 30,000, 40,000 and 9,000 respectively form the jobs and had 10,000 from self-employment income. What amount can Edwina apply as credit against her 2011 income tax liability for overpayment of FICA taxes?
Evaluate molar mass of unknown compound : An aqueous solution containing 35.5 g of an unknown molecular (nonelectrolyte) compound in 156.3 g of water was found to have a freezing point of -1.4C. calculate molar mass of unknown compound
Explain painting a metal or galvanizing a metal : which provides better protection against corrission :painting a metal or galvanizing a metal. justify your prediction
Maslows theory of motivation - hierarchy of needs : Maslows Theory of Motivation - Hierarchy of Needs -Summarize the Maslow pyramid and rewritten to work
Explain calculated anthalpy of reaction be inaccurate : Adding magnesium ribbon (about .5g) in a solvent of 100mL of HCl acid in a polysterne cup as my calorimeter. my question is why and how would my calculated anthalpy of reaction be inaccurate if:

Reviews

Write a Review

Taxation Questions & Answers

  Your clients bubba and cindy rios need tax preparation help

your clients bubba and cindy rios need tax preparation help. they sold a house for 401000 basis of 55000 bought another

  Identify whether the interest is deductible in the year end

Identify whether the interest is deductible in the year ended 30 June 2012 in relation to the items above. Quote relevant legislation (apart from s. 8-1 ITAA 1997), cases or tax rulings for each item and very briefly explain your answer (a few wor..

  What is the fergusons 2013 federal income taxes payable

In addition to the $750 of Web design expenses, John attended a conference to improve his skills associated with his Web design work. His trip was for three days and he incurred the following expenses: airfare $370, total taxi fares for trip $180,..

  Gst consequences of the transactions

Consider the GST consequences of the above transactions.

  1 salem corporation uses the calendar year as its tax and

1. salem corporation uses the calendar year as its tax and financial annual accounting period. management because of

  Estimate uncollectible taxes

Cash collected on property taxes were as follows: Current taxes, $559,000, Delinquent Taxes, $ 41,000 and $ 22,000 of interest and penalties were collected.

  What is the total tax revenue raised

What is the total tax revenue raised and deadweight loss following the imposition of the tax and

  Donna noble age 74 has 50000 in a certificate of deposit

donna noble age 74 has 50000 in a certificate of deposit paying 6 annual interest. in addition to this interest income

  Congress recently enacted an non refundable credit based on

congress recently enacted an non refundable credit based on the cost of the qualifying alcohol and drug abuse

  What is the yield to maturity of bond

A Japanese company has a bond outstanding that sells for 94 percent of its ?100,000 par value. The bond has a coupon rate of 5.30 percent paid annually and matures in 15 years. What is the yield to maturity of this bond?

  Taxable income

Determine taxable income before considering expense.

  Evaluate taxable income and the income tax liability

Evaluate taxable income and the income tax liability (before credits or prepayments) on a joint return

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd