Griffin is a server at a California restaurant. Griffin received $1,200 in unreported tips during 2022 and
Question:
Griffin is a server at a California restaurant. Griffin received $1,200 in unreported tips during 2022 and owes Social Security and Medicare taxes on these tips. His total income for the year, including the tips, is $4,300. Is Griffin required to file an income tax return for 2022? Why or why not?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 66% (9 reviews)
Yes Since Griffin owes ...View the full answer
Answered By
Bhartendu Goyal
Professional, Experienced, and Expert tutor who will provide speedy and to-the-point solutions. I have been teaching students for 5 years now in different subjects and it's truly been one of the most rewarding experiences of my life. I have also done one-to-one tutoring with 100+ students and help them achieve great subject knowledge. I have expertise in computer subjects like C++, C, Java, and Python programming and other computer Science related fields. Many of my student's parents message me that your lessons improved their children's grades and this is the best only thing you want as a tea...
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Income Tax Fundamentals 2023
ISBN: 9780357719527
41st Edition
Authors: Gerald E. Whittenburg, Steven Gill
Question Posted:
Students also viewed these Social Science questions
-
In 1991, Social Security and Medicare taxes were itemized separately on paycheck stubs and tax forms for the first time. The table on the right gives a historical look at Social Security and Medicare...
-
The net income for the year ended December 31, 2015, for Oliva Company was $1,900,000. Additional information is as follows: Depreciation on plant...
-
The Doyle Trust reports distributable net income for the year of $100,000 and no income from tax-exempt sources. Under the terms of the trust instrument, the trustee must distribute $20,000 to Roger...
-
(a) Using your knowledge of economics and how markets work illustrate and explain why the price of electricity has increased so much over the past 18 months throughout the EU. You should consider the...
-
According to the article Seasons Cleaning, the U.S. Department of Energy reports that 25% of people with two-car garages dont have room to park any cars inside. Assuming this to be true, what is the...
-
Capital budget expenditure analysis, Internet assignment Annual reports provide significant information about an organizations capital budget and capi tal budgeting process. Intel Corporation...
-
Real wages (optional). In one of the many reports on stagnant incomes in the United States, we read this: Practically every income group faced a decline in real wages during the 1980s. However,...
-
A penny of mass 3.10 g rests on a small 20.0-g block supported by a spinning disk (Fig. P6.60). The coefficients of friction between block and disk are 0.750 (static) and 0.640 (kinetic) while those...
-
Assume that on March 16, the cheapest bond to deliver on the June Treasury bond futures contract is the 14s, callable in about 19 years and maturing in about 24 years. Coupons are paid on November 15...
-
Ewing Natural Gas is a large energy company with headquarters in Dallas, Texas. The company offers a wide variety of energy products and has annual revenues of approximately $50 billion. Because of...
-
Ben is a single taxpayer with no dependents and is 32 years old. What is the minimum amount of income that he must have to be required to file a tax return for 2022? a. $4,300 b. $12,400 c. $12,550...
-
The gross income threshold to require a federal income tax return for a single taxpayer is equal to: a. The sum of the taxpayers itemized deductions. b. The same as the current year standard...
-
The boxplot shows the fuel economy ratings for 67 model year 2012 subcompact cars. Some summary statistics are also provided. The extreme outlier is the Mitsubishi i-MiEV, an electric car whose...
-
(a)The local police station found that the speed of vehicles travelling around the suburb in the 60 km/hour zone varies uniformly between 55 km/hour and 62 km/hour. What is the probability that the...
-
Consider the following fixed-point iteration: xn+1 = g(xn), where [f(x)] 2 g(x) = x (x + f(x)) f(x)* (a) What is the order of convergence for the method? (e.g. what is p?). Hint: Show that the method...
-
Problem 1. In a study of infant birth weight and maternal factors, the newborn babies were categorized as being either small size for gestational age (N=201) or normal size (N=2089). The following...
-
Max 1 page allowed] Consider a DRAM chip of capacity 256 KB and each memory location contains 8 bits. The memory chip is organized in matrix form with equal number of rows and column for each memory...
-
find the dimensions of a notman window of perimeter 3 9 ft that will admit the greatest possible amount of light. Round answer to two decimal places
-
Consider the following low-pass filter specifications max = 0.1 dB min = 60 dB p = 1000 rad/sec s = 2000 rad/sec (a) Use MATLAB to design a Chebyshev low-pass filter that satisfies the above...
-
The financial statements of Eastern Platinum Limited (Eastplats) are presented in Appendix A at the end of this textbook. Instructions (a) Does East plats report any investments on its statement of...
-
Carey opens a law office in Chicago on January 1, 2015. On January 1, 2015, Carey purchases an annual subscription to a law journal for $170 and a 1-year legal reference service for $1,500. Calculate...
-
Art is a self-employed installer of home entertainment systems, and he drives his car frequently to installation locations. Art drove his car 15,000 miles for business purposes and 20,000 miles in...
-
Art is a self-employed installer of home entertainment systems, and he drives his car frequently to installation locations. Art drove his car 15,000 miles for business purposes and 20,000 miles in...
-
Which of the following concerning short-term financing methods is NOT CORRECT? Short-term bank loans typically do not require assets as collateral. Firms generally have little control over the level...
-
Kingbird Corporation is preparing its December 31, 2017, balance sheet. The following items may be reported as either a current or long-term liability. 1. On December 15, 2017, Kingbird declared a...
-
BE13.2 (LO 1), AP An inexperienced accountant for Silva Corporation showed the following in the income statement: net income \$337,500 and unrealized gain on availablefor-sale securities (before...
Study smarter with the SolutionInn App