subject
Business, 28.09.2019 17:30 JDOaties7537

7. john earned $2,500 as a life guard over the summer. this was his only job and income taxes were deducted from his paychecks by his employer. for filing a tax return, what should john do?
a. john should report this income on his parents tax return since he is still living at home.

b. john should not file a tax return. john is legally not required to file because his income is less than the minimum requirement for filing.

c. john should send a check for $50 to the irs in case the employer didn't take out enough taxes.

d. john should file a tax return. he can then get all of his taxed money refunded.

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 10:30
Which maxim is being neglected in the following conversation? eli: how did you do at the track meet? caleb: i came in second place! eli: congratulations! what was your time? caleb: six minutes, four seconds. the guy who won only beat me by three seconds. eli: really? katie said the winning time was under 6 minutes. caleb: oh, well, he might have beat me by five seconds. a)maxim of quantity b)maxim of quality c)maxim of relevance d)maxim of manner
Answers: 1
question
Business, 22.06.2019 10:40
Two assets have the following expected returns and standard deviations when the risk-free rate is 5%: asset a e(ra) = 18.5% σa = 20% asset b e(rb) = 15% σb = 27% an investor with a risk aversion of a = 3 would find that on a risk-return basis. a. only asset a is acceptable b. only asset b is acceptable c. neither asset a nor asset b is acceptable d. both asset a and asset b are acceptable
Answers: 2
question
Business, 22.06.2019 11:00
The following information is available for ellen's fashions, inc. for the current month. book balance end of month $ 7 comma 000 outstanding checks 700 deposits in transit 4 comma 500 service charges 120 interest revenue 45 what is the adjusted book balance on the bank reconciliation?
Answers: 2
question
Business, 22.06.2019 13:10
Trey morgan is an employee who is paid monthly. for the month of january of the current year, he earned a total of $4,538. the fica tax for social security is 6.2% of the first $118,500 earned each calendar year, and the fica tax rate for medicare is 1.45% of all earnings for both the employee and the employer. the amount of federal income tax withheld from his earnings was $680.70. his net pay for the month is .
Answers: 1
You know the right answer?
7. john earned $2,500 as a life guard over the summer. this was his only job and income taxes were d...
Questions
question
History, 13.05.2021 22:10
question
Social Studies, 13.05.2021 22:10
question
Mathematics, 13.05.2021 22:10
question
Mathematics, 13.05.2021 22:10
Questions on the website: 13722367