Sarah earned $3000.00 in insurable earnings this pay. Her current year to date El deductions are $1025.05. What is her El deduction for this pay? She is paid weekly
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- Lisa records nonrefundable Federal income tax credits of 65,000 for the year. Her regular income tax liability before credits is 190,000, and her TMT is 150,000. a. What is Lisas AMT? b. What is Lisas regular income tax liability after credits?If Marissa's yearly salary was $65,900 and she received taxable benefits in the amount of $1127.99 per year what amount would go into Box 26 on her T4?This year, to date, Carolyn has earned $115.000 What will be the total deduction for Social Security on her next paycheck of $6000? (Social Security tax is 6.2% of gross wape up to $117,000)
- Jamie receives a basic pay of P29,880 a month and a 2% commission on her sales. She sold P505,000 in December 2021. How much is her Taxable income? How much is her Tax due? PThe annual insurance premium on Maria's home is $1,964 and the annual property tax is $1,434. If her monthly principal and interest payment is $1,624, find the adjusted monthly payment including principal, interest, taxes, and insurance (PITI).Juanita paid a life insurer $60,100 in exchange for an immediate life annuity. Juanita will receive $600 per month from the insurer, and her life expectancy is 14 years. Assume that Juanita receives 12 monthly payments in the first year. How much taxable income must she report? (Round your answer to 2 decimal places)
- Jerrod smiths gross earnings this pay period were $1350 . Jerrod is paid weekly and he is single with 2 withholding allowances. His year to date is $59.875. find his social security medicare and federal income tax deduction for this pay periodJazmin earned $44,660 this year. Calculate her total FICA contribution for the year. How much did her employer pay toward FICA? Jazmin's total FICA contribution for the year is $ (Round to the nearest cent.) ...A. William’s basic annual salary is R240 000. He receives an annual bonus of 80% of his basic monthly salary, payable in March each year. His pension deduction is 8% of the basic salary and income tax is levied at 20% on his taxable income. Calculate the net salary of A. William for March.
- Mary Matthews made $950 during a biweekly pay period only social security (fully taxable) and federal income taxes attach to her pay. Matthews contributes $100 each biweekly pay to her company's 401k. Determine Matthews take home pay if she is married and claims 2 allowances. (Use Wage Bracket Method) Round your answer to two decimal place.Suppose you made $59,065 of income from wages and $639 of taxable interest. You also made contributions of $2700 to a tax deferred retirement account. You have 1 dependents and file as single. The standard deduction is 12800 and the exemption amount is 4400 per exemption. What is your Gross Income? Answer to the nearest dollar. hpSuppose you made $92,747 of income from wages and $386 of taxable interest. You also made contributions of $6000 to a tax deferred retirement account. You have 1 dependents and file as single. The standard deduction is 11400 and the exemption is 3000 per exemption. What is your Adjusted Gross Income? Answer to the nearest dollar.