Personal Finance Appendix h

Axia College Material Appendix H impose Return Worksheet Directions: recap 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 mentality 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 sire better tax evaluate with Head of Household. 3.What is Glorias alter gross income? 22,275 4.Which line in the tax form did you convey her total income? Line 15 5.Even though Gloria is filing the myopic form (1040A), she is still able to get three credits. What be the three credits Gloria buzz offs? add up the line you bleed aground the answers on as well. Line 29 - address for small fry 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 discover the return. 2.

Assemble the return. 3. Mail the return. 4. Keep a copy. 8.On the Wage and measure statement, list how much Gloria remunerative in her Federal Tax Withholding? Fed Tax-1,500 9.How much did she pay in sociable Security and Medicare? SocSec Tax-1,721, Med Tax-3 26 10.Share matchless thing you found in! teresting when feeling through these forms. Was anything immature to you? Do you have any questions rough these forms? I found it all very interesting, and it is all very new to me. I have been dealing with medical issues since risque school, never had a job, and barely going back to school. I have no experience of my own when it comes to taxes. I hypothecate that the hardest thing for me is find when a person is able to file...If you trust to get a full essay, order it on our website: OrderCustomPaper.com

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