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Hello I’m using Cengage chapter 11  What is the social tax deduction on a gross pay of 720 dolars.    Also do you provide entire answer keys ?

Question 5: How much Social Security tax would be owed by an employee who has taxable earnings for Social Security tax of $2,000, and who, prior to the current pay period, has earned $142,500 of taxable earnings for Social Security tax? Answer: A. В. O $18.60 С. O $105.40 D. O $124.00

Question 1: For an individual who is 45 years of age and has taxable earnings of $27,400, the annual contribution limit to a Payroll Deduction IRA is $ Answer: А. O $6,000 В. O 57,000 С. O 55,500 D. O $6,500

H1. Account

Please answer question correctly

Question 15: The 2021 Social Security wage base is Answer: А. S100,000 В. O $113,700 S125,000 D. O 142,800 C.

Question 16: What is the maximum amount of dependent care benefits an employee who files as Single on his tax return can receive in a year? Answer: A. O S2,500 В. O 5,000 С. O 57,500 D. O $10,000

7. Monthly Social Security benefits Monthly Benefits The Social Security Administration has a computerized service that determines your benefits because Social Security benefits are based on a fairly complicated formula. In fact, the government is required to provide all covered workers with a Social Security Statement. Identify the range of benefits you can expect. • If you retire at age 62, benefits of   to   % of yourfull retirement benefits   . • If you retire at age 65 to 67, receipt ofyour full retirement benefits   . • If you delay retirement until age 70, you can receive an increase   in your benefits.   Range of Benefits Dmitri, a 66 years old worker, is deciding between retirement either this year or the next year. His average monthly benefit is determined to be $1,635.40. Assume that the benefit is the same for this year and the next year. Compute Dmitri’s annual benefit reduction amounts in each of the following scenarios. • If Dmitri retires…

Only exercise 10-4A please and thank you?

What payment should be made on an invoice for $500 dated November 16, carrying terms 4/10, net 30?

Sh1 please help me.

Question 9: The Social Security wage base for 2021 is $142,800. Answer: A. O True В. O False

Question 12 Krystal recieves an invoice from Home Hardware dated November 2nd, 2020 for $510 with terms 6/10, 2/17, n/30. If Krystal pays the invoice in full on November 22nd, 2020, a. How many days were there between the date of the invoice, and when the invoice was paid? b. How much is the amount of the discount? c. How much was paid? Number of days = Amount of Discount = $ Payment = $ > Next Question (rounded to the nearest cent) (rounded to the nearest cent)

Subject: acounting

Question 11: Where are the withholding tables used for the wage-bracket method of determining federal income withholding found? Answer: A. Form l-9 В. Payroll register С. Form W-4 Publication 15-T B. D.

Actuary and trustee reports indicate the following changes in the PBO and plan assets of Lakeside Cable during 2024: Prior service cost at January 1, 2024, from plan amendment at the beginning of 2022 (amortization: $4 million per year) Net loss-pensions at January 1, 2024 (previous losses exceeded previous gains) Average remaining service life of the active employee group Actuary's discount rate ($ in millions) Beginning of 2024 Service cost Interest cost, 8% Loss (gain) on PBO Less: Retiree benefits End of 2024 Beginning of 2025 Service cost PBO $ 300 48 Interest cost, 8% Loss (gain) on PBO Less: Retiree benefits End of 2025 24 (2) (20) $ 350 PBO $ 350 38 28 5 Assume the following actuary and trustee reports indicating changes in the PBO and plan assets of Lakeside Cable during 2025: ($ in millions) (16) Beginning of 2024 Return on plan assets, 7.5% (10% expected) $ 405 Cash contributions Less: Retiree benefits End of 2024 Beginning of 2025 Return on plan assets, 15% (10% expected) $…

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Activity 5Answer the following questions below using the graduated tax table. Write your answer on the space provided after every questions.a. How much is the tax due on a taxable income of P150,000?Answer:b. How much is the tax due on a taxable income of P290,000?Answer:c. Ms. Carol earns compensation income of P3,230,000 during a taxable year. How much is the tax due of Ms. Carol? Answer:d. Mrs. Emily married earns compensation income of P460,000 during 2019. How much 1s the tax due of Mrs. Emily? Answer: Week 5 ACTIVITIES 5 29 Fundamentals of Accountancy, Business and Management 2e. The payslip of Mr. Budoy shows the following information:Basic salary P348,000SSS contribution 6,976PhilHealth contribution 4,500Pag-IBIG contribution 1,210How much is the tax due to Mr. Budoy?Answer:

Question 1 Assume today is Feb 11th of Year 3. You have the following information: Year 1 Year 2 Year 3 Contribution on Jan 19 $ - $- $ 5.000 $ 7,000 $ 8,700 $ 1,600 $ 1,200 $ 1,000 $ 7,000 Contribution on July 4 Beg of year undeducted contributions $ 370 $ 450 $ 1,400 Beg of year unused deduction room Pension adjustment $ - Pension adjustment reversal $ $ - Past service pesion adjustment $ 900 $ - $ - $ 121.000 $ 23,000 $ 59,000 $ 23,700 Earned income RRSP Dollar Limit $ 24,600 With no extra contributions, what's the most that could be deducted on the Year 2 tax return?