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![4. [12%] Cindy Morrow's regular hourly wage rate is $16, and she receives a wage of 1 1/2 times her regular
rate for work in excess of 40 hours. During a June pay period, Cindy worked 46 hours. Cindy's federal income
tax withholding is $48, her state withholding $26, FICA(SS) is $64, and her only voluntary deduction is $15
for group hospitalization insurance.
Instructions: Compute Cindy's (a) gross earnings and
(b) net pay for the pay period.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F78a5b676-7f3d-4ef3-9195-7b862f1962d3%2F67316acd-d5bb-4d2c-ac98-97f3ddc5da2c%2Flv0cuz_processed.jpeg&w=3840&q=75)
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- Short term and leng-term disability ine,rance were purchased for Wallam and monthly premiums of $176 were paid. In Apri, Waliam contracted COVD- 19 and was unable to work for three months whike he recuperated. William received $9,550 in short-terms disability payments. If Willam's employer had paid 40% of the premiums, how much of the $9.550 must William include in his income? IncarreQd 69.Wanda gets her health insurance covered in an employee benefits package. Her employer pays 45% of her annual premium for basic health insurance, and 35% for dental and vision insurance. Iif the health insurance premium is $11.540, and the vision and dental are together $1.230 annually. What is the total amount Wanda pays for insurance each year? Select one O a $8,362 Ob. 57,146.50 c. $8.300,50 d. $7,200
- Problem 10-24 (LO. 2) Paul, suffers from emphysema and severe allergies and, upon the recommendation of his physician, has a dust elimination system installed in his personal residence. In connection with the system, Paul incurs and pays the following amounts during 2020: Doctor and hospital bills $4,500 Dust elimination system 10,000 Increase in utility bills due to the system 450 Cost of certified appraisal 300 In addition, Paul pays $750 for prescribed medicines. The system has an estimated useful life of 20 years. The appraisal was to determine the value of Paul's residence with and without the system. The appraisal states that his residence was worth $350,000 before the system was installed and $356,000 after the installation. Paul's AGI for the year was $50,000. a. What is the total of Paul's qualifying medical expenses for 2020?$fill in the blank 1 b. What is his medical expense deduction for 2020?$fill in the blank 2screen shot attachedA patient's total surgery charges are $1,278. The patient must pay the annual deductible of $1,000, and the policy states a 80-20 coinsurance. What does the patient owe?
- ! Required information [The following information applies to the questions displayed below.] Simpson, age 45, is a single individual who is employed full time by Duff Corporation. This year Simpson reports AGI of $50,000 and has incurred the following medical expenses: Dentist charges Physician charges Optical charges Cost of eyeglasses Hospital charges Prescription drugs Over-the-counter drugs Medical insurance premiums (not through an exchange) $ 900 1,800 500 300 2,100 250 450 775 b. Suppose that Simpson was reimbursed for $250 of the physician's charges and $1,200 for the hospital costs. Calculate the amount of medical expenses that will be included with Simpson's itemized deductions after any applicable limitations. Medical expensesLaura was billed 1200 for a recent surgery. The patient has a $1500 deductible of which she has met 800additionher policy has 10% co-insurance How much will insurance pay? How much will Laura pay?16. Phil's deferred annuity has accumulated interest earnings of $5,000 and a cost basis of $50,000. He takes a $6,000 withdrawal. How much of that withdrawal would be considered taxable income to him? oa. Nothing would be taxable. ob. $1,000 c. $5,000 od. $6,000
