Personal Finance Appendix h

Axia College Material Appendix H tax income Return Worksheet Directions: suss out Gloria Ramsays tax return. Answer the following questions based on the teaching listed in her return. 1. in time though Gloria is integrity, her say status is foreman of Household. Why is Gloria open to file as stage of kinsperson? Gloria can file as head of household because she is single and has a dependent and would file as head when she pays all over 50% of maintaining the household. 2.How does Gloria benefit from register as head of household, rather than single? She will overhear better tax evaluate with Head of Household. 3.What is Glorias set gross income? 22,275 4.Which line in the tax form did you make her total income? Line 15 5.Even though Gloria is filing the scant(p) form (1040A), she is still able to get three credits. What be the three credits Gloria features? add up the line you str ipe aground the answers on as well. Line 29 - reference for babe care - 728, line 41 - spare child tax credit 1,000, and Earned income credit 1,833(line 6 in calculating your credit). 6.How often of a refund is Gloria freeing to receive? 4,333 7.What are the four steps listed in the filing checklist? 1.Sign and day of the month the return. 2.

Assemble the return. 3. Mail the return. 4. Keep a copy. 8.On the Wage and valuate statement, list how much Gloria remunerative in her Federal Tax Withholding? Fed Tax-1,500 9.How much did she pay in mixer Security and Medicare? SocSec Tax-1,721, Me d Tax-326 10.Share matchless thing you f! ound interesting when feel through these forms. Was anything immature to you? Do you have any questions astir(predicate) these forms? I found it all precise interesting, and it is all very new to me. I have been dealing with medical issues since racy school, never had a job, and barely going back to school. I have no experience of my own when it comes to taxes. I rally that the hardest thing for me is find when a person is able to file...If you penury to get a full essay, order it on our website: OrderCustomPaper.com

If you want to get a full essay, visit our page: write my paper