Taxes Worksheet


Complete the Form

Imagine you're an unmarried adult who is paid twice per month. The federal government withholds $700 in income tax from every paycheck. After the income tax is removed, your paycheck says $2,600.

Fill out this simplified tax form. Do you owe an extra federal income tax? Or does the government owe you a refund?


Income ($)

Action

0-8,349

Calculate 10% of the total Income

8,350-33,949

Calculate 15% of Income over 8,350 then add $835

33,950-82,249

Calculate 25%of the income over 33,950 then add $4675

82,250-171,549

Calculate 28% if Income over 82,250 then add $16,750

171,550-372,949

Calculate 33% of the income over 171,550 then add $41,754

372,950+

Calculate 35% of the income over 372,950 then add$108,216



_________________ 1. Total annual income, before the government withholds any taxes

_______________ 2. Standard deduction: enter $9,350 if single; $18,700 is married filing jointly

_______________ 3. Subtract line 2 from line 1 to find your taxable income

_______________ 4. Annual federal income tax withheld

_______________ 5. Calculate the amount owed on your taxable income (line 3) using Table 1

_______________ 6. If the amount in line 5 is greater than the amount in line 4, subtract 4 from 5. This is the amount you owe.

_______________ If the amount in line 4 is greater than the amount in line 5, subtract 5 from 4. This is the amount of your refund.


Do you owe more tax or will you receive a refund?

___________________________________________________

Answers

Answer 1

Filling out the simplified tax form and determining if the government owes you a refund or you owe the government is as follows:

1. $85,800 is the Total annual income before the government withholds any taxes.

2. $9,350 is the Standard deduction since the taxpayer is unmarried.

3. $76,450 is the taxable income.

4. $18,200 is the Annual federal income tax withheld.

5. The amount owed on the taxable income (line 3) using Table 1 is $21,406.

6. The taxpayer's tax liability is $3,206 ($21,406 - $18,200).

What is tax liability?

Tax liability refers to the amount of tax that a taxpayer owes the government.

The tax liability should be settled.  However, the government may owe the taxpayer a refund if the computed annual tax is less than the withheld tax.

Data and Calculations:

Total annual income = $85,800 ($2,600 + $700 x 26)

Taxable income = $76,450 ($85,800 - $9,350)

Annual income tax withheld = $18,200 ($700 x 26)

Tax due = $21,406 ($76,450 x 28%) since annual income is above

Thus, there is no tax refund from the government because the tax liability of $3,206 exists after the withholding tax.

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Related Questions

How did Islam originate and spread? 5 to 7 complete sentences

Answers

Answer:

The growth and spread of Islam began when the Prophet Muhammad began sharing his divine revelations and spreading messages he received from Allah (god). He and his followers were persecuted and had to flee to the neighboring city of Medina in 622. There he and his followers were welcomed and the faith grew.

Answer~

Islam spread through military conquest, trade, pilgrimage, and missionaries. Arab Muslim forces conquered vast territories and built imperial structures over time

Explanation:

ik this isent 5 to 7 sentences but its the best i can do

Meena often gets so absorbed in a book that she does not hear her mother ask her a question. Meena may be experiencing a mild: dissociative experience. psychotic break. pathological experience. episode of dissociative amnesia.

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Based on the given scenario with Meena, it can be inferred that she is most likely experiencing a mild dissociative experience.

What is Focus?

This refers to the intense concentration on a particular task or action to the stage of forgetting other things until the task is completed.

Hence, we can see that from the given description, Meena is so focused on the book that she is reading that she does not hear her mother and this suggests that she is experiencing a mild dissociative experience.

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Confucius (kon-FEW-shuss) was one of the most well-known philosophers in early China. Early China lasted from around 2000 BCE to 200 CE. Philosophers are people who write or teach philosophy

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Answer:

what is pulling force? write with an example

Lucretia has lately been experiencing distressing symptoms including elevated heart rate, muscle tension, a sense of dread, restlessness, and a desire to flee from certain situations. Her symptoms are most consistent with a(n) ____.

Answers

Lucretia's symptoms indicate she has an anxiety disorder issue because her symptoms that are distressing symptoms including elevated heart rate, muscle tension, restlessness, and a desire to flee from certain situations.

What is Anxiety Disorder?

Anxiety disorders are a type of mental health condition. Anxiety makes it harder to get through your day. Symptoms include feelings of panic, and fear as well as sweating and rapid heartbeat.

Treatment includes medication and behavioral psychotherapy.

Thus, Lucretia has symptoms of Anxiety disorders.

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Explain why the role of a consumer is important in an economic system

Answers

Answer:

It is important because it keeps the other animals in check.

Explanation:

They keep the animals in check so there isn't an overpopulation of a certain animal.

Let's take sea otters for an example, the sea otters keep the sea urchins in check so they don't eat all the kelp. When there was a massive decrease in sea otters due to orcas eating them, the kelp was disappearing and the sea urchins were growing in population.

Gianna was coming home from work and could not help but notice the young woman who seemed to be driving in a reckless manner. She immediately wondered if the girl was in an emergency or if something important was going on to make her drive like that. Gianna just made a(n) _____.

Answers

Gianna just made a situational attribution by wondering if the girl was in an emergency or if something important was going on to make her drive like that.

What is situational attribution?

Situational attribution is when someone's behavior is attributed to external factors.  It refers to judging a behavior as caused by something related the situation.

These external factors are :

Anger levelIntellectEconomic condition

Hence, Gianna just made a situational attribution by wondering if the girl was in an emergency or if something important was going on to make her drive like that.

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5. What are the geographic characteristics of a state?

Answers

Answer:

These characteristics are: 1) size, 2) shape, and 3) relative location.

Explanation:

Aggregate demand is more likely to _________________ than aggregate supply in the short run.

Answers

The amount of goods and services that enterprises are willing to sell at a given price is known as aggregate supply, known further in the following paragraph.

What are Aggregate demand and aggregate supply?

The amount of goods and services that enterprises are willing to sell at a given price is known as aggregate supply. The entire amount of products and services that will be purchased at all potential price levels is known as aggregate demand.

In the short run, aggregate demand is more likely to shift substantially than aggregate supply.

Therefore the above statement explains Aggregate demand and supply.

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Can someone help me with this child development question? I will mark brainliest

Answers

Answer:

Harassment

Explanation: I'm pretty sure this is what it means I hope this helps you.

In the information age, electronic modes of communication have shrunk the distances between inhabitants of the world community, resulting in what Canadian sociology Marshall McLuhan referred to as a(n)

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A global village is what emerged because of the shrunk of electronic modes of communication between inhabitants of the world community,

What is a global village?

This is a concept that of community where the distance and isolation have been dramatically reduced by electronic media such as television and the Internet.

Therefore, this concept emerged because of the shrunk of electronic modes of communication between inhabitants of the world community.

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The theory that says that older adults tend to have fewer relationships with people and more selective about forming new friendships, and that older adults are motivated mainly with emotional regulation in choosing who to spend time with, is called:

Answers

The hypothesis here is called Socioemotional selectivity theory, and it proposes that as a person ages, she/he invests more time in rewarding connections and maximizes their positive social relationships as a result of this process.

What is socioemotional selectivity theory?

A lifespan hypothesis of motivation contends that as people age, they restructure their goals to prioritize those that are emotionally meaningful above those that are directed toward the future.

According to the hypothesis, persons who are older or in other situations where time is limited place a higher value on growing emotional closeness with significant others than people who are younger or regard time as relatively open-ended.

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Which statement best describes life for women under taliban rule? women enjoyed more freedom than in most islamic countries. women were given some freedom, including the right to vote. women were excluded from public life and could not go to school or hold a job.

Answers

Answer:

C) Women were excluded from public life and could not go to school or hold a job.

Explanation:

I just did the assignment and guessed lol.
have a good day/night to anyone doing their schoolwork :)

The statement best describes life for women under Taliban rule is women were excluded from public life and could not go to school or hold a job. Thus, option D is correct.

Why women suffered in Taliban rule?

Since the Taliban took control of Afghanistan in August 2021, women have been completely barred from holding public office and serving on the court. Women and girls in Afghanistan must now follow a rigorous clothing code and are not allowed to travel more than 75 kilometers without a mahram.

They must remain at home by force. Women across the nation claim to feel imprisoned-like, alone, invisible, and smothered. Without employment or other forms of assistance, many people struggle to meet even their most basic requirements, which often include access to medical treatment and psychological support for victims of abuse, including sexual violence. It serves as a disturbing reminder of just how quickly and forcefully rights for women and girls can be snatched away.

Therefore, we can conclude that option D is correct.

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The goal of the top ten percent rule for state college and university admissions is to:.

Answers

The goal of the top ten percent rule is that top ten student in high schools get an automatic admssion to state universities

The Top Ten rule

The Top Ten rule is popularly known as the  “Top 10 Percent Law” with its origin from Texa. The rule came to law during the President Bush Administration.

In summary, according to the law, any student found to be part of the top ten get an admission it any state funded university.

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Over the past several weeks, Dee has been wheezing and coughing, even when she is not active. When she runs around on the playground during recess, the symptoms get worse, and she struggles to breathe. Dee may be suffering from __________.

Answers

it could be asthma ? or bronchitis ?

The NCAA arose in response to: Group of answer choices The desire to act like a monopsonist. The desire to act like a monopolist. Point-shaving scandals in college basketball. Increasing violence in college football.

Answers

Answer:

increasing violence in college football

Explanation:

What state is the birthplace of first ladies, with jackie kennedy among the 11 born there?.

Answers

Answer:

14

Explanation:

The medical problem that is twice as frequent in women with anorexia nervosa as it is in women with bulimia nervosa is:

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Amenorrhea is the medical problem that is more common in women with anorexia nervosa than in women with bulimia nervosa.

How to deal with eating disorders?

It is essential that when identifying a situation where the act of eating causes negative emotions, the individual seeks specialized help, as psychological support is essential to understand the motivation of such behaviors to solve the problem.

Therefore, eating disorders must be resolved through individual or group psychotherapy, where the individual feels free to share their behaviors and emotions.

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A midwestern school district is experimenting with different ways to offer special education. Among these approaches, the district has decided to have some schools instruct special education students alongside general education students. The school is implementing

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A midwestern school district is experimenting with different ways to offer special education. The school is implementing "Mainstreaming".

What do you mean by Mainstreaming?

Mainstreaming can simply mean - to bring into the mainstream and the practice of educating students with special needs in regular classes during specific time periods based on their skills.

Mainstream sources of information may be as biased, erroneous and sensationalist as independent sources and what actually matters to determine the reliability and the accuracy of a source is its journalistic and investigative integrity and not its media status.

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How did many germans respond to challenges of the global depression in the 1930s?.

Answers

Answer:

cut government expenditure, wages, and unemployment pay

Explanation:

This exacerbated the downhill slide, with unemployment continuing to climb and individuals who had lost their jobs becoming increasingly poorer.

Respected individuals in the community who review and evaluate media messages and then pass the information to friends and acquaintances are called.

Answers

Respected community members who study and evaluate media messages before passing them on to friends and acquaintances are called opinion leaders.

Who is an opinion leader?

People having knowledge or power in a particular area are called as opinion leaders.

Organizations can utilize opinions leaders to make trust with their customers and encouragement of sales.

Today's thought leaders include social media “influencers” that give their opinions.

These leaders study and evaluate media messages and, then pass them on to friends and acquaintances.

Therefore, opion leaders is correct

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how are families affected by HIV and aids ​

Answers

Explanation:

HIV can be spreaded through genes, blood, breast milk etc. making it very easy to be spreaded among family members.

Digestion starts in the __________.

a) mouth

b) nose

c) esophagus

d) stomach

2. When you are chewing, glands make ________________.

a) saliva

b) teeth

c) EGF

d) bolus

3. Which is not a job of saliva?

a) Washes away bacteria

b) Softens and moistens food

c) Chews food

d) Helps us taste food

4. The bumps on your tongue are called ___________.

a) papillae

b) gumdrops

c) bolus

d) blisters

5. An adult has ___________ taste buds.

a) 10

b) 1,000

c) 10,000

d) 4

6. Your mouth is able to warm or cool food so it is safe to swallow.

a) False

b) True

7. The tongue pushes food into a round lump called a ____________.

a) bolus

b) tube

c) taste bud

d) papillae

8. Why do you think your mouth could be compared to a workstation in a factory?

9. Name your favorite food. Describe what would happen to it as the digestive process begins in the mouth.

10. Why might food taste strange if you have a cold?

Answers

A g b 10000 false and for the other ones do it yourself

Lighting a fire on a cold night to get warm is an example of a positive reinforcement. please select the best answer from the choices provided t f

Answers

Answer:

Research has indicated that physical punishment is the most effective kind of punishment.

False

Read the scenario below and answer the question that follows.

Justine starts yelling in the store when she wants something. Her parents buy her a toy in order to get Justine to stop yelling.

What type of conditioning is shaping the parents' behavior?

A.

positive reinforcement

B.

negative reinforcement

C.

positive punishment

D.

negative punishment

B

According to research, the most powerful reinforcement technique in conditioning is __________.

A.

extinction

B.

negative reinforcement

C.

positive reinforcement

D.

punishment

C

Read the scenario below and answer the question that follows.

Harrison sends an e-mail to his boss. Harrison expects a response within five minutes, but he can't help himself and checks every 30 seconds. After five minutes, a replying e-mail is delivered just as he expected.

Which of the following statements is true?

A.

Harrison is on a fixed-interval schedule of reinforcement.

B.

Harrison is on a variable-interval schedule of reinforcement.

C.

Harrison is on a fixed-ratio schedule of reinforcement.

D.

Harrison is on a variable-ratio schedule of reinforcement.

A

Punishment is more effective when applied at least an hour after the target behavior has occurred.

False

Lighting a fire on a cold night to get warm is an example of a positive reinforcement.

False

When punishment is applied after every instance of an unwanted target behavior, it is generally more effective.

True

Both positive and negative reinforcement serve to strengthen wanted behavior.

True

Receiving an electrical shock when you forget to turn off the power before working on an electrical socket is an example of a negative punishment.

False

Read the scenario below and answer the question that follows.

Glenda is a gymnast. She performs a perfect triple backflip off the high bars. After landing successfully, the crowd erupts in applause.

Which type of operant conditioning is occurring in the scenario?

A.

positive reinforcement

B.

negative reinforcement

C.

positive punishment

D.

negative punishment

A

Both positive and negative reinforcement serve to strengthen wanted behavior.

True

One example of a fixed-interval reward schedule is the biweekly paycheck many workers earn.

True

When punishment is applied after every instance of an unwanted target behavior, it is generally more effective.

True

Positive punishment occurs when a pleasant stimulus is removed after demonstration of a behavior.

False

Read the scenario below and answer the question that follows.

Molly is eating red and black jellybeans from a paper bag. She is not looking at the jellybeans as she eats them. She likes red jellybeans, but she does not like black jellybeans. The amount of jellybeans she has to take from the jar before she gets a red one is never the same.

Which of the following statements is true?

A.

Molly is on a fixed-interval schedule of reinforcement.

B.

Molly is on a variable-interval schedule of reinforcement.

C.

Molly is on a fixed-ratio schedule of reinforcement.

D.

Molly is on a variable-ratio schedule of reinforcement.

D

Receiving an electrical shock when you forget to turn off the power before working on an electrical socket is an example of a negative punishment.

False

When a behavior is highly resistant to extinction, the organism takes longer to stop responding after a reinforcement is no longer given.

True

Explanation:

Lighting a fire on a cold night to get warm is an example of positive reinforcement. The given statement is False.

What is the most positive reinforcement?

When it happens right after the behavior, positive reinforcement works best. Providing reinforcement should be done so often and with enthusiasm. Bring in reinforcements right now. A stronger link is created when there is less time elapsed between behavior and rewarding feedback.

Negative reinforcement is used when a behavior, such as starting a fire to stay warm on a chilly night, results in the removal of a negative stimulus, in this case, the cold.

A positive stimulus is added as part of positive reinforcement to make a behavior more likely to be repeated. Giving a youngster a piece of candy for finishing their schoolwork is an illustration of positive reinforcement, which enhances the likelihood that they will finish their homework again in the future.

Thus, the mentioned above-given statement is False.

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The maximum human life span is approximately ______ years of age.

Answers

Answer:

The maximum human life span is approximately 122 years of age, if you think about it in the sense of  Jeanne Calment of France, the oldest person in recorded history. Otherwise, the answer should be 120-125 years of age, but it answer to this does vary based on the assignment, so it is possible these answers do not apply. Good luck!

Explanation:

To help Miguel learn how to use the toilet, his mother gives him a sticker each time he goes to the bathroom and sits on the toilet correctly. The sticker is an example of a

Answers

Miguel's mother gives him a sticker every time he goes to the restroom and sits on the toilet correctly to assist him learn how to use it. A negative punishment is represented by the sticker.

What is negative punishment?

Negative punishment is the key notion . In behavioral psychology, the goal of punishment is to minimize unwanted behavior.

Negative punishment is depriving someone of something pleasant or desirable in order to reduce the frequency of a particular behavior.

Thus, it is an example of negative punishment.

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Why is the Earth compared to a spaceship? Select all that apply.
They are both living things.
They are both hurtling through space.
They both provide support for life.
They are both composed mainly of water.

Answers

B and C.
A and D only apply to Earth.

Answer:

They both provide support for life.

Explanation:

I dont believe that "they are both hurtling through space" is true because earth is rotating in the solar system.

What is the most likely economic impact of an impending hurricane in Louisiana?
O People stock up on goods and resources, creating shortages.
O
Businesses try to clear out their inventory, lowering prices.
O. Workers quit their jobs, increasing statewide unemployment.
O Factories step up their production, creating surpluses.

Answers

Answer:

People stock up on goods and resources, creating shortages.

Explanation:

I took the test.

Jamal has been diagnosed with attention-deficit/hyperactivity disorder. Which characteristic is Jamal LEAST likely to exhibit at school

Answers

If Jamal has been diagnosed with attention-deficit/hyperactivity disorder then Jamal is least likely to be involved in fights.

What do you mean by diagnosis?

A diagnosis refers to the identification of the nature of an illness or problem by examining the symptoms.

People with ADHD are a mental health disorder that includes problems like paying attention, impulsive behavior, and hyperactivity.

Therefore, Jamal is least likely to involve in fights.

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1) Choose all of the statements that accurately describe comparative advantage.

A) It indicates that trading is not mutually beneficial for two countries.
B) It indicates that trading goods are mutually beneficial for two countries.
It describes the ability of a country to produce goods at a lower opportunity cost.
D) It indicates the production of goods that a country produces with the most efficiency.
E) It allows a country to produce better than another country with the same amount of resources.

Answers

Answer:

BCE

Explanation:

USATestPrep  also screw grainger's class CCHS

Tell us about a time you overcame an obstacle when the odds were stacked against you?.

Answers

Playing a sport, one of our starters went out with an injury and one was sick that game, scored 19 in 3 quarters and bruised my hip bone, won the game. Pushed through for the rest of the team, overlooked what we didnt have and worked with what we had
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