User Account

All Pages

Paul pay in estimated taxes to avoid a penalty

Assignment Help Taxation
Reference no: EM13499875

Paul has the following information:

AGI for 2013 = $155,000
Withholding for 2013 = $ 20,000
Total tax for 2012= $ 29,000
Total tax for 2013= $ 31,250
How much must Paul pay in estimated taxes to avoid a penalty?

Reference no: EM13499875

Questions Cloud

Find the average current induced in the coil during rotation : A square coil of wire of side 3.00 cm is placed in a uniform magnetic field of magnitude 2.50 T directed into the page, find the average current induced in the coil during this rotation
A few highlights : Exam Content - A few highlights
Determine the change in the posts length : A vertical solid-steel post 26.0 cm in diameter and 2.53 m long is required to support a load of 8200 kg. What is the strain in the post and the change in the posts' length when the load is applied
Explain the mass of 2.50 liters of an intravenous glucose : what is the mass of 2.50 liters of an intravenous glucose that has a density of 1.05g/ml. A patient is required to take 0.400 mg of ampicillin / day. Ampicillin is available as a liquid suspension at a concentration of 50.0mg/5.0 m. How many ml of..
Paul pay in estimated taxes to avoid a penalty : How much must Paul pay in estimated taxes to avoid a penalty?
What happens when it is heated above room temperature : A bimetalic strip consists of a thinstip of brass [Alphabrass=19X106(Co)-1] riveted to a thin strip of steel [Alphasteel=12X106(Co)-1]
What is the magnitude of the net torque on the loop : A small current loop of area A=0.0008m2 and moment of inertia I=6.9e-07kgm2 carries a current i=0.0039A with its magnetic moment perpendicular to the Earth's magnetic field. What is the magnitude of the net torque T on the loop
Develop an entire facility for additional training scenario : Angel is looking to expand her current business, Sports Nation. She currently has been providing training at her basketball court, but wants to seize a rare opportunity to purchase adjacent land so that she can develop an entire facility for a..
Evaluate the energy used for the walk : A person uses 750 kcal on a long walk. Calculate the energy used for the walk in each of the following energy units

Reviews

Write a Review

Taxation Questions & Answers

  Taxable income

Determine taxable income before considering expense.

  Prepare a tax research memo

Prepare a tax research memo to the file that addresses the issues you feel are most relevant to Mimi's various issures.

  Income by ordinary concepts

Explain what is meant by income by ordinary concepts

  Identify the tax issues

Identify the tax issues that are raised and the relevant sections of the legislation. Identify any cases and other sources of law or information that apply.

  Calculate carolines taxable income

Calculate Carolines taxable income

  Taxation – law and practice

Show the tax issues that are raised and the relevant sections of the legislation.

  Payment to the taxpayer

Brief statement in your own words of the facts of the cases.

  Prepare regular corporation tax return

Prepare the C Regular Corporation Tax Return for the Lawson And Norman Enterprise

  Taxation law

Advise the participants in the ‘barter' system of the income tax implications, if any, of participating in the system.

  A tax on cigarettes is a good way of raising tax revenue

Discuss- A tax on cigarettes is a good way of raising tax revenue for the government

  Prepare the required journal entry

Prepare the required journal entry to record the tax expense

  Calculate barbs taxable income

Calculate Barb's taxable income? What nonrefundable credit is Barb eligible for based on the information you have?

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