amona started a freelance business. She estimates that she will earn $49,600 in rst year, after deductions. She needs to pay 10% income tax on the first $8,925 of acom, 15% income tax on the amount over $8,925 to $36,250, and 25% income ta ne amount over $36,250. In addition, she needs to pay a 15.3% self-employment t uor Social Security and Medicare. What are her total estimated t

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A: The solution of the problem is given in the next step.

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A:

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A: Discount = 1699 - 699 = 1000.

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A: Let us consider the base pay Gina For overtime pay, the number of hours multiplies 1.5 times of base…

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A: Adjusted gross income = Gross income – Adjustments Taxable income = Adjusted gross income –…

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A: Given: Rahim works in a hotel on hourly basis. He is paid $8 per hour, his normal working hours are…

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A:

Q: Allison is a recent college graduate. She got a job as a marketing executive making $82,000 a year,…

A: Adjusted gross income (AGI) means  difference between total income and adjustment to income.…

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A: Given that. Salary per year =  $45,550 Set budget = 15% of monthly take home pay.

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A: We are Given , Balance = $1045 Late Change = $29 Finance Change =1.5% Now, Finance Change =1.5 % of…

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Q: Jaylen and Zan are married, filing jointly. Their total adjusted gross income was $87,000 and they…

A:

Q: Jill's 2013 NC tax is: $ (Round to the nearest dollar.) What is Jill's effective tax rate? [Tax paid…

A: Given jill lived and worked in North Carolina in 2013 Jill gross income=$78000 Jill dedcution =$3…

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A:

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