This topic contains a solution. Click here to go to the answer

Author Question: Alan Glasgow is single and worked two jobs during the year. He earned 13,500 at one job and had 738 ... (Read 83 times)

asmith134

  • Hero Member
  • *****
  • Posts: 576
Alan Glasgow is single and worked two jobs during the year. He earned 13,500 at one job and had 738 in taxes withheld. He worked another job earning 8,729 and had 575 in taxes withheld. Alan deducts 985 in interest on a student loan. He files a 1040A. Use a tax table. What is the tax owed or refund for Alan?

Question 2

Mitchell Joseph is married. His wife Jennifer is currently unemployed, and she does not receive unemployment benefits. Mitchell earned 24,500 as a machinist. Mitchell's income tax withholding was 843. Mitchell and Jennifer had 785 in capital gains and 245 in interest income. They jointly file a 1040A when doing their taxes. Using a tax table, determine how much additional tax they owe or what is their refund.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

dlook33

  • Sr. Member
  • ****
  • Posts: 344
Answer to Question 1

111;

Answer to Question 2

80;




asmith134

  • Member
  • Posts: 576
Reply 2 on: Jun 24, 2018
Great answer, keep it coming :)


kswal303

  • Member
  • Posts: 316
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

Many of the drugs used by neuroscientists are derived from toxic plants and venomous animals (such as snakes, spiders, snails, and puffer fish).

Did you know?

All patients with hyperparathyroidism will develop osteoporosis. The parathyroid glands maintain blood calcium within the normal range. All patients with this disease will continue to lose calcium from their bones every day, and there is no way to prevent the development of osteoporosis as a result.

Did you know?

Prostaglandins were first isolated from human semen in Sweden in the 1930s. They were so named because the researcher thought that they came from the prostate gland. In fact, prostaglandins exist and are synthesized in almost every cell of the body.

Did you know?

Tobacco depletes the body of vitamins A, C, and E, which can result in any of the following: dry hair, dry skin, dry eyes, poor growth, night blindness, abscesses, insomnia, fatigue, reproductive system problems, sinusitis, pneumonia, frequent respiratory problems, skin disorders, weight loss, rickets, osteomalacia, nervousness, muscle spasms, leg cramps, extremity numbness, bone malformations, decayed teeth, difficulty in walking, irritability, restlessness, profuse sweating, increased uric acid (gout), joint damage, damaged red blood cells, destruction of nerves, infertility, miscarriage, and many types of cancer.

Did you know?

All adverse reactions are commonly charted in red ink in the patient's record and usually are noted on the front of the chart. Failure to follow correct documentation procedures may result in malpractice lawsuits.

For a complete list of videos, visit our video library