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7.) Employees who work for two employers may have too much in OASDI taxes withheld from their gross wages. To have too much in OASDI

7.) Employees who work for two employers may have too much in OASDI taxes withheld from their gross wages. To have too much in OASDI taxes withheld from their pay in 2015, employees' gross wages would have to exceed:

A.

$200,000.

B.

$118,500.

C.

$250,000.

D.

$100,000.

E.

$110,000.

12.) Taxpayers must include a state income tax refund in their gross income in the year the refund is received.

TRUE or FALSE

13.) Payments for child support are not included in gross income of the recipient custodial parent.
True or False

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