South-western Federal Taxation 2018: Individual Income Taxes
South-western Federal Taxation 2018: Individual Income Taxes
41st Edition
ISBN: 9781337385886
Author: William H. Hoffman, James C. Young, William A. Raabe, David M. Maloney, Annette Nellen
Publisher: Cengage Learning
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Chapter 19, Problem 28P

a.

To determine

State whether Person B is highly compensated employee if Person B receives a total salary of $110,000 and is a member of the top-paid group in the company.

b.

To determine

State whether Person B is highly compensated employee if Person B receives a total salary of $192,000, and salary is in the top 20% of the employees.

c.

To determine

State whether Person B is highly compensated employee if Person B receives a total salary of $113,500, which puts Person B in the top 30% of the employees.

d.

To determine

State whether Person B is highly compensated employee if Person B receives a salary of $153,000, which puts him in the 25%–30% range of employees.

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Understanding U.S. Taxes; Author: Bechtel International Center/Stanford University;https://www.youtube.com/watch?v=QFrw0y08Oto;License: Standard Youtube License