What amount can edwina apply as credit against her 2011

Assignment Help Taxation
Reference no: EM13183411

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: EM13183411

Questions Cloud

State what is the probability of locating an electron : What is the probability of locating an electron between x = 0 and x = 0.2 nm in its lowest energy state in a conjugated polyene molecule
How interest rate remains constant over the period of time : Determine the current amount of money that must be invested at 12% nominal interest, compounded monthly, to provide an annuity $10,000 (per year) for 6 years, starting 12 years from now. The interest rate remains constant over the entire period of..
State boiling liquid nitrogen stored : Students at the University of North Texas and the University of Washington built a car propelled by compressed nitrogen gas. The gas was obtained by boiling liquid nitrogen stored in a 195.0 L tank.
State what volume of air is needed to burn it completely : what volume of air is needed to burn it completely? Assume that the temperature of the burner is 195.0 Celcius, the pressure is 1.1 atmosphere, and the mole fraction of O2 in air is 0.21.
What amount can edwina apply as credit against her 2011 : 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 F..
Find out the identity of the unknown compund : If you have unknown sample which either benzoic acid or 2-naphthol, describe a method to determine the identity of the unknown compund.
What it the totla amount of fica tax : What it the totla amount of FICA tax that would have been withheld for Edwards wages? I came up with the answer 1,247 if it is wrong could you show me why?
State the amount of nitrogen in an organic substance : The amount of nitrogen in an organic substance can be determined by an analytical method, called the Kjeldahl method, in which all the nitrogen in the organic substance is converted to ammoinia.
Compute the heat of the reaction : Assuming the solution's final volume is 150.0 mL, the density is 1.00 g/mL, and the specific heat is 4.184 J/(g C), calculate the heat of the reaction.

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!

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