« previous next »

Author Question: Malcolm qualifies to use a 1040EZ form for his taxes. His total wages for the year were 19,800. He ... (Read 133 times)

awywial

  • Hero Member
  • *****
  • Posts: 577
on: Jun 24, 2018
Malcolm qualifies to use a 1040EZ form for his taxes. His total wages for the year were 19,800. He does not claim himself as a dependent because his parents claim him. What is his taxable income?

Question 2

Selina is single with a minor daughter. Besides the standard deduction of 5,450, how much should she deduct from her taxes for exemptions?


otokexnaru

  • Sr. Member
  • ****
  • Posts: 314
Reply #1 on: Jun 24, 2018
Answer to Question 1

19,800

Answer to Question 2

7,000; because she has 2 exemptions, she should deduct 2  3,500 = 7,000.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

The oldest recorded age was 122. Madame Jeanne Calment was born in France in 1875 and died in 1997. She was a vegetarian and loved olive oil, port wine, and chocolate.

Did you know?

As many as 20% of Americans have been infected by the fungus known as Histoplasmosis. While most people are asymptomatic or only have slight symptoms, infection can progress to a rapid and potentially fatal superinfection.

Did you know?

The average person is easily confused by the terms pharmaceutics and pharmacology, thinking they are one and the same. Whereas pharmaceutics is the science of preparing and dispensing drugs (otherwise known as the science of pharmacy), pharmacology is the study of medications.

Did you know?

More than nineteen million Americans carry the factor V gene that causes blood clots, pulmonary embolism, and heart disease.

Did you know?

A good example of polar molecules can be understood when trying to make a cake. If water and oil are required, they will not mix together. If you put them into a measuring cup, the oil will rise to the top while the water remains on the bottom.

Asthma. (a) A normal bronchiole. (b) An asthmatic bronchiole. During an asthma “attack,” the bronchi Asthma. (a) A normal bronchiole. (b) An asthmatic bronchiole. During an asthma “attack,” the bronchi
On March 25, 1911, as scores of young factory girls leaped to their deaths from the eighth, ninth, a On March 25, 1911, as scores of young factory girls leaped to their deaths from the eighth, ninth, a
Patient registration form. Patient registration form.
Carbohydrates: The combining of the monosaccharides glucose and fructose to form the disaccharide ... Carbohydrates: The combining of the monosaccharides glucose and fructose to form the disaccharide ...
Canada Total Energy Consumption by Fuel Type Canada Total Energy Consumption by Fuel Type
Western boundary currents form where gyres are confined by continents Western boundary currents form where gyres are confined by continents
Video: Oral Hygiene & Braces Animation

For a complete list of videos, visit our video library