subject
Business, 12.09.2021 08:10 ayindejoy

Marc Batchelor, a self-employed sales consultant, has estimated annual earnings of $301,000 this year. His social security tax rate is 12.4% up to the wage base, Medicare is 2.9%, and his federal income tax rate is 24%. How much estimated tax (in $) must Marc send to the IRS each quarter?

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 08:30
What is the equity method balance in the investment in lindman account at the end of 2018?
Answers: 2
question
Business, 22.06.2019 23:50
Cash flows during the first year of operations for the harman-kardon consulting company were as follows: cash collected from customers, $360,000; cash paid for rent, $44,000; cash paid to employees for services rendered during the year, $124,000; cash paid for utilities, $54,000.in addition, you determine that customers owed the company $64,000 at the end of the year and no bad debts were anticipated. also, the company owed the gas and electric company $2,400 at year-end, and the rent payment was for a two-year period.calculate accrual net income for the year.
Answers: 2
question
Business, 23.06.2019 13:30
Wyome has a career in manufacturing and goes to an office to work every day. at the office, he most likely works with
Answers: 2
question
Business, 23.06.2019 22:00
Airline companies are interested in the consistency of the number of babies on each flight, so that they have adequate safety equipment. suppose an airline conducts a survey. over weekend, it surveys 6 flights from boston to salt lake city to determine the number of babies on the flights. it determines the amount of safety equipment needed by the result of that study.
Answers: 2
You know the right answer?
Marc Batchelor, a self-employed sales consultant, has estimated annual earnings of $301,000 this yea...
Questions
question
Mathematics, 12.07.2019 10:30
question
History, 12.07.2019 10:30
question
Mathematics, 12.07.2019 10:30
question
Advanced Placement (AP), 12.07.2019 10:30
Questions on the website: 13722367