James did not have minimum essential coverage for any part of 2018. If James is single and

Question:

James did not have minimum essential coverage for any part of 2018. If James is single and has 2018 adjusted gross income of $41,000, what is his individual shared responsibility payment?

a. $0

b. $695

c. $283

d. $725

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For answer-question

Income Tax Fundamentals 2019

ISBN: 9781337703062

37th Edition

Authors: Gerald E. Whittenburg, Steven Gill

See More Books

Question Posted: Mar 02, 2019 06:06 AM

See More Questions

Susan is a single taxpayer, 26 years of age, with AGI of $28,000 and no tax-exempt income. She did not have minimum essential coverage for 9 months in 2014. Compute Susans individual shared...
Susan is a single taxpayer, 26 years of age, with AGI of $28,000 and no tax-exempt income. She did not have minimum essential coverage for 9 months in 2016. Compute Susan's individual shared...
Susan is a single taxpayer, 26 years of age, with AGI of $28,000 and no tax-exempt income. She did not have minimum essential coverage for 8 months in 2018. Compute Susans individual shared...
Give the analysis report of Superstar Solar, Inc regarding the following requirements. Analysis of Superstar Solar, Inc.s Cost Classifications Analyze and provide examples in detail of the following...
What is one interpretation of a high P/E ratio?
In Problems 39 62, find the exact value, if any, of each composite function. If there is no value, say it is not defined. Do not use a calculator. sin[sin- (-1.5)]
Raymond Zukaitis was a physician practicing medicine in Douglas County, Nebraska. Aetna issued a policy of professional liability insurance to Zukaitis through its agent, the Ed Larsen Insurance...
The total expenses of a hospital are related to many factors. Two of these factors are the number of beds in the hospital and the number of admissions. Data were collected on 14 hospitals, as shown...
1. Provide an example from everyday life of positive reinforcement, negative reinforcement, positive punishment, and negative punishment. 2. Describe the US, UR, CS, and CR from the Pavlov's dog...
You are considering a 10-year investment project. At present, the expected cash flow each year is $10,000. Suppose, however, that each years cash flow is normally distributed with mean equal to last...
Assuming they all meet the income requirements, which of the following taxpayers qualify for the earned income credit in 2018? a. A married taxpayer who files a separate tax return and has a...
Diane is a single taxpayer who qualifies for the earned income credit. Diane has two qualifying children who are 3 and 5 years old. During 2018, Dianes wages are $18,300 and she receives dividend...
What are internal controls and who is responsible for their effectiveness?
How do you define deviance , norms , and values ? Give an example of each concept.
A collaborative environment can be invigorating and refreshing. This culture also can trickle down to the classroom level where students can benefit too. What are your thoughts?
How to test the existence of Heteroskedasticity in the linear regression model? State the Breusch-Pagan test and White test. How to obtain the feasible generalized least square estimator? Explain...
In your view, is a training on grit strategically beneficial to a company? Why? Explain.
Desired Action Financial Statement 1. Compare revenues with expenses and analyze profitability 2. Analyze how much cash was spent on investing activities 3. Compare stockholders' equity at the...
Using the data from Exercise 15-13, record the entries using the straight-line method for amortization of discounts and premiums. In exercise 15-13 On June 1, 2015, Firefly Ltd. purchased $120,000 of...
Catalytic hydrogenation of naphthalene over PdC results in rapid addition of 2 moles of H 2 . Propose a structure for this product.
Angelas spouse died in 2021. She has two dependent children, and she pays the entire cost to maintain her home. What is Angelas most advantageous filing status in the current year? a. Single b. Head...
Angelas spouse died in 2022. She has no dependent children, but she pays the entire cost to maintain her home. What is Angelas most advantageous filing status in the current year? a. Single b. Head...
Glenda, a single taxpayer from Kansas, paid for more than one-half of the support for her mother, Dorothy. Dorothy did not live with Glenda in Kansas, but rather has lived in a nursing home in an...
LaToya Limmons is the manager of the Human Resources (HR) department and Javier Jartin is the manager of the sales department for a production company headquartered in the United States but also has...
The beam AD is fixed to a rigid wall at A and is supported by props at B and C as shown in figure 1. In sections AB and BC, the flexural rigidity is EI, but in section CD the flexural rigidity is...
What is the meaning of 'framing' and how does it impact the way we negotiate? (Your own opinion)

James did not have minimum essential coverage for any part of 2018. If James is single and

Question:

Step by Step Answer:

Income Tax Fundamentals 2019

Students also viewed these Business questions