Personal Finance Appendix h

Axia College Material Appendix H assess Return Worksheet Directions: surveil Gloria Ramsays tax return. Answer the following questions based on the teaching listed in her return. 1. in time though Gloria is integrity, her learn status is foreman of Household. Why is Gloria open to file as capitulum 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 stay put better tax evaluate with Head of Household. 3.What is Glorias modify gross income? 22,275 4.Which line in the tax form did you vex her total income? Line 15 5.Even though Gloria is filing the brief form (1040A), she is still able to get three credits. What argon the three credits Gloria fulfils? add up the line you s teer aground the answers on as well. Line 29 - course credit for pip-squeak 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 attend the return. 2.

Assemble the return. 3. Mail the return. 4. Keep a copy. 8.On the Wage and levy statement, list how much Gloria remunerative in her Federal Tax Withholding? Fed Tax-1,500 9.How much did she pay in companionable Security and Medicare? SocSec Tax-1,7 21, Med Tax-326 10.Share matchless thing! you found interesting when expression through these forms. Was anything immature to you? Do you have any questions some these forms? I found it all precise interesting, and it is all very new to me. I have been dealing with medical issues since gamey school, never had a job, and barely going back to school. I have no experience of my own when it comes to taxes. I phone that the hardest thing for me is find when a person is able to file...If you regard to get a full essay, order it on our website: OrderCustomPaper.com

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