Elizabeth determined that her tax liability was $3,492. Her employer withheld $3,942 from her paychecks during the
Question:
Elizabeth determined that her tax liability was $3,492. Her employer withheld $3,942 from her paychecks during the year. Elizabeth’s tax return would show:
a. A refund of $450.
b. A refund of $3,942.
c. Tax due of $450.
d. Tax due of $3,492.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 66% (9 reviews)
a A...View the full answer
Answered By
Aysha Ali
my name is ayesha ali. i have done my matriculation in science topics with a+ . then i got admission in the field of computer science and technology in punjab college, lahore. i have passed my final examination of college with a+ also. after that, i got admission in the biggest university of pakistan which is university of the punjab. i am studying business and information technology in my university. i always stand first in my class. i am very brilliant client. my experts always appreciate my work. my projects are very popular in my university because i always complete my work with extreme devotion. i have a great knowledge about all major science topics. science topics always remain my favorite topics. i am also a home expert. i teach many clients at my home ranging from pre-school level to university level. my clients always show excellent result. i am expert in writing essays, reports, speeches, researches and all type of projects. i also have a vast knowledge about business, marketing, cost accounting and finance. i am also expert in making presentations on powerpoint and microsoft word. if you need any sort of help in any topic, please dont hesitate to consult with me. i will provide you the best work at a very reasonable price. i am quality oriented and i have 5 year experience in the following field.
matriculation in science topics; inter in computer science; bachelors in business and information technology
_embed src=http://www.clocklink.com/clocks/0018-orange.swf?timezone=usa_albany& width=200 height=200 wmode=transparent type=application/x-shockwave-flash_
4.40+
11+ Reviews
14+ Question Solved
Related Book For
Fundamentals Of Taxation 2020 Edition
ISBN: 9781260483147
13th Edition
Authors: Ana Cruz, Michael Deschamps, Frederick Niswander, Debra Prendergast, Dan Schisler
Question Posted:
Students also viewed these Business questions
-
Elizabeth determined that her tax liability was $3,942. Her employer withheld $3,492 from her paychecks during the year. Elizabeths tax return would show: a. A refund of $450. b. A refund of $3,492....
-
Employer B has a FUTA tax liability of $553.24 on January 31 of the current year. When does the employer have to make the deposit for this liability?
-
Elizabeth was offered a whole life policy that would cost her $6400 a year in premiums an equivalent term life policy would only cost her $970 a year if Elizabeth invested the savings between the two...
-
In a world so divided in so many ways, sustainable economic development on a global scale will amount to nothing but a figment of human imagination or, to put it mildly, just wishful thinking. Do you...
-
Model 16 16 Sudoku puzzles (with 4 4 blocks) as satisfiability problems.
-
Calculate div(F) and curl(F). Sin(x + z)i ye xz k
-
A survey included 4230 responses from Internet users who decided to respond to a question posted by America OnLine (AOL). Here is the question: How often do you use credit cards for purchases? Among...
-
This simulation presents the Keystone Computers and Networks, Inc. (Keystone Cash Work Memo for the general account and petty cash prepared by two members of your audit team- your responsibility is...
-
What is the future value of $ 9 0 , 3 8 0 . 0 0 given an interest rate of 1 7 . 0 0 % compounded quarterly for 3 7 years?
-
Alice has invented a new card game to play with Bob. Alice made a deck of cards with random values between 1 and 52. Bob picks 5 cards. Then, he has to rearrange the cards so that by utilizing the...
-
On a Form 1040, the amount of the permitted deduction from income for taxpayers filing a joint return is: a. $1,500. b. $12,200. c. $24,400. d. $36,600.
-
Sandra, a single taxpayer, has taxable income of $94,355. Using the tax tables, she has determined that her tax liability is: a. $16,825. b. $16,820. c. $12,480. d. $12,475.
-
Controversy surrounded the three-factor model due to skepticism by researchers. Black (1993, 1995) said that the model had two problems. Discuss these two potential problems.
-
How to work with the defensiveness and reluctant behaviors of members so that they are open to examining their behavior in a group? Explain.
-
An investor analyses 3 portfolios A, B and C over a 30 year period and generates the following statistics: Portfolio Average Return A B 12.1% 9.6% 7.5% VaR (90%) Non-Par -3.9% -2.2% -1.5%...
-
In your opinion, which types of groups have the most significant influence on consumer behavior and perception today, and why? Are there any emerging group influences that marketers should be aware...
-
At a local auto parts store, the economy crank position sensor may not be the best option for purchase. In the supply of 15 of these sensors at the store 7 are unsuitable for install in a vehicle....
-
A skier speeds down a smooth ski slope which is at an angle of 0 26 with the horizontal. The mass of the skier is 65 kg. Take the downhill direction to be positive and uphill to be negative. (a) What...
-
Two friends, Barbara and Neil, are out rollerblading. With respect to the ground, Barbara is skating due south at a speed of 4.0 m/s. Neil is in front of her. With respect to the ground, Neil is...
-
The following information is available for Partin Company: Sales $598,000 Sales Returns and Allowances 20,000 Cost of Goods Sold 398,000 Selling Expense 69,000 Administrative Expense 25,000 Interest...
-
Multiple Choice Questions 1. Eddie, a single taxpayer, has W-2 income of $49,487. Using the tax tables, he has determined that his tax liability is: a. $8,225. b. $6,514. c. $5,688. d. $4,991. 2....
-
Using the information in Table 1-3, determine the average amount of taxable income per tax return, rounded to the nearest dollar, for each of the ranges of taxable income provided.
-
Using the information in Table 1-3, determine the amount of average income tax liability per tax return, rounded to the nearest dollar, for each income range provided.
-
The management of Quest Media Inc. is considering two capital investment projects. The estimated net cash flows from each project are as follows: Year Radio Station TV Station 1 $420,000 $880,000 2...
-
Doggie Pawz produces two models of dog beds: rectangle and circle. The following information about the costs to produce the companys products has been provided. Category Estimated Cost Cost Driver...
-
Use the method of averages to find the approximate yield rate for the bond shown in the table below. The bond is to be redeemed at par. Face Value $24,000 Bond Rate Payable Semi-annually Time Before:...
Study smarter with the SolutionInn App