Thuy worked as the assistant manager at Burger Crown through August 2018 and received wages of $87,000. Thuy then worked at Up and Down Burger starting in September of 2018 and received wages of $60,000. Calculate the amount of Thuy’s overpayment of Social Security taxes that she should claim on her 2018 Form 1040. $_________________________
Thuy worked as the assistant manager at Burger Crown through August 2018 and received wages of $87,000. Thuy then worked at Up and Down Burger starting in September of 2018 and received wages of $60,000. Calculate the amount of Thuy’s overpayment of Social Security taxes that she should claim on her 2018 Form 1040. $_________________________
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Thuy worked as the assistant manager at Burger Crown through August 2018 and received wages of $87,000. Thuy then worked at Up and Down Burger starting in September of 2018 and received wages of $60,000. Calculate the amount of Thuy’s overpayment of Social Security taxes that she should claim on her 2018 Form 1040. $_________________________
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