What is tatum medicare tax liability for the pay period

Assignment Help Accounting Basics
Reference no: EM133554172

Question: Tatum is a security guard for a local facility. He earned $1,385.50 during the most recent biweekly pay period and has earned $22,168.00 year-to-date. He is married filing jointly and claims two dependents under the age of 17 on his 2022 Form W-4. He has no pre-tax deductions. What is Tatum's Medicare tax liability for the pay period?

Reference no: EM133554172

Questions Cloud

Describe different forms of collective behavior : Describe different forms of collective behavior. How can technology, social institutions, population, and the environment bring about social change?
What are the objectives of an accounting system : What are the objectives of an accounting system? Why are they important, and how do the objectives relate to internal control? Give reference.
Explain what diversity means to you : Explain what diversity means to you. as a social worker Explain how your thoughts on diversity will help you develop plans for intervention
How is sexism explained by the authors of our text : How is sexism explained by the authors of our text? Using specific examples, discuss how society propagates misogyny and objectification of women.
What is tatum medicare tax liability for the pay period : He is married filing jointly and claims two dependents under the age of 17 on his 2022 Form W-4. He has no pre-tax deductions. What is Tatum's Medicare tax
Are the Cops in our Heads and Hearts : In the article, "Are the Cops in our Heads and Hearts?" the author discusses different ways of organizing in Latin America compared to the United States.
Explain why you think human trafficking is such big business : Explain why you think human trafficking is such big business. Explain how social media and the internet impact the issue of human trafficking.
Explain parts of this study that you believe might important : Explain the parts of this study that you believe might be important for a forensic psychology professional working in a court setting.
Explain use of forensic psychology research in court setting : Explain use of forensic psychology research in court settings. Summarize research study you select, including how juvenile competency to stand trial was assesse

Reviews

Write a Review

Accounting Basics Questions & Answers

  Explain the difference between a closed-fact and open-fact

1. explain the difference between a closed-fact and open-fact situation.2. describe the format of a client memo.3.

  Explain the two possible causes for the lack of agreement

Explain the two possible causes for the lack of agreement. As an intern you were assigned to assist accountant who keeps records of cash receipts and payments

  Factor in producing earnings forecasts

Which of the following is not a factor in producing earnings forecasts?

  Guagliano corporation produces and sells a single product

guagliano corporation produces and sells a single product whose selling price is 110.00 per unit and whose variable

  What is the total amount of cash expected to be received

Jackson Company has the budgeted sales for the next 5 months: What is the total amount of cash expected to be received from customers in May

  Determine the company break-even point

Determine the company's break-even point in (a) number of lawns serviced per month and (b) dollars. Compute break-even point

  Journalize the adjusting entry for the inventory shrinkage

The physical inventory indicates that $366,500 of merchandise is actually on hand. Journalize the adjusting entry for the inventory shrinkage

  Prepare the entries for three events that heather recorded

Prepare the entries for the three events that Heather recorded. As of year-end, what was the balance in Heather's allowance for doubtful accounts?

  What is meant by sufficient appropriate audit evidence

Bexca Ltd has 1,000 stock lines that are maintained on a perpetual inventory system. What is meant by sufficient appropriate audit evidence

  What is the test statistic and the p-value

A doctor wants to know if a blood pressure medication is effective. Six subjects have their blood pressures recorded. After twelve weeks on the medication.

  How much of the annual payment is includible annually

The annuitant has a life expectancy of 16 years. How much of the $6,000 annual payment is includible annually in the annuitant's gross income

  Company makes a particular decision in the face of uncertain

If your company makes a particular decision in the face of uncertainty, you estimate that it will either gain $10,000, gain $1000, or lose $5000, with probabilities 0.40, 0.30, and 0.30, respectively. You (correctly) calculate the EMV as $2800.

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