Anns W-2 form reported total Medicare wages as $88,340. She contributed $50 per weekly paycheck to her
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Ann’s W-2 form reported total Medicare wages as $88,340. She contributed $50 per weekly paycheck to her FSA and $90 per weekly paycheck to her retirement plan. She received a 1099 form from her bank for her savings account interest in the amount of $800 and a 1099 form from a book publisher for royalties in the amount of $3,700. What is Ann’s adjusted gross income?
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1545-0008 Safe, accurate, FAST! Use 1 Wages, tips, other compensation 3 Social security wages 5 Medicare wages and tips 7 Social security tips Visit the IRS website e file at www.irs.gov/efile 2 Federal income tax withheld 9 Advance EIC payment 4 Social security tax withheld $4,789.81 6 Medicare tax withheld 8 Allocated tips 10 Dependent care benefits
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Anns adjusted gross income 88340 50 90 58130 Since there is no withho...View the full answer
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Related Book For
Financial Algebra Advanced Algebra With Financial Applications
ISBN: 9781337271790
2nd Edition
Authors: Robert Gerver, Richard J. Sgroi
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