Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Carl and Elizabeth Williams are married filing jointly. They are 45 and 40 years old, respectively. Their address is 19010 NW. 135th Street, Miami, FL

image text in transcribed
Carl and Elizabeth Williams are married filing jointly. They are 45 and 40 years old, respectively. Their address is 19010 NW. 135th Street, Miami, FL 33054. Additional information about Mr. and Mis. Willams is as follows: Social security number: Car 1: 412345670 Date of birth: 7/13/1977 W-2 for Carl shows these anounts? Wages ( box 1)=$75,085.00 Federal W/M( box 2) =$6,950.00 sacial security wages ( box 3)=$75,085.00 Social security w/A (box 4)=$4,655.27 Modicare wages (box 5)=$75,085.00 Medicare W/H( box 6)=$1,088.73 Social security number: Elizabeth: 412345671 Date of birthi 9/19/1082 W-2 for Elizabeth shows these anounts: Wages(bax1)=$31,207.00FederalW/A(box.2)=$3,700.00Socialsecuritywages(bax3)=$31,207.00SocialsecurityW/H(box4)=$1,934.83Medicarewages(box5)=$31,207,00MedicareW/H(box6)=$452.50 Form 1099-INT for Carl and Elizabeth shows this amount: Box 1=$2,450.00 from Global Bank. They also received tax-exempt interest of $500.00, as well as $45.00 for jury duty pay when Carl went to court to serve for a few days. Carl recelved two weeks of workers' compensation pay for a total of $3,100,00 Carl and Elizabeth Williams are married filing jointly. They are 45 and 40 years old, respectively. Their address is 19010 NW. 135th Street, Miami, FL 33054. Additional information about Mr. and Mis. Willams is as follows: Social security number: Car 1: 412345670 Date of birth: 7/13/1977 W-2 for Carl shows these anounts? Wages ( box 1)=$75,085.00 Federal W/M( box 2) =$6,950.00 sacial security wages ( box 3)=$75,085.00 Social security w/A (box 4)=$4,655.27 Modicare wages (box 5)=$75,085.00 Medicare W/H( box 6)=$1,088.73 Social security number: Elizabeth: 412345671 Date of birthi 9/19/1082 W-2 for Elizabeth shows these anounts: Wages(bax1)=$31,207.00FederalW/A(box.2)=$3,700.00Socialsecuritywages(bax3)=$31,207.00SocialsecurityW/H(box4)=$1,934.83Medicarewages(box5)=$31,207,00MedicareW/H(box6)=$452.50 Form 1099-INT for Carl and Elizabeth shows this amount: Box 1=$2,450.00 from Global Bank. They also received tax-exempt interest of $500.00, as well as $45.00 for jury duty pay when Carl went to court to serve for a few days. Carl recelved two weeks of workers' compensation pay for a total of $3,100,00

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Management Accounting Information for Decision-Making and Strategy Execution

Authors: Anthony A. Atkinson, Robert S. Kaplan, Ella Mae Matsumura, S. Mark Young

6th Edition

137024975, 978-0137024971

More Books

Students also viewed these Accounting questions