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include procedure 9. Assume that Samson and Delilah's Gross Alternative Minimum Tax is $16.320 and that their regular income tax computed using the normal rules

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include procedure
9. Assume that Samson and Delilah's Gross Alternative Minimum Tax is $16.320 and that their regular income tax computed using the normal rules and tables is $15,030. The following is true: A. Samson and Delilah have to pay a total tax of $15,030. B. Samson and Delilah have to pay a total tax of $16,320 C. Samson and Delilah have to pay a total tax of $1,290. D. The Alternative Minimum Tax is not applicable to John and Susan. E. None of the above. The answer is 14. Which of the following types of income is subject to the self- employment tax? A. Interest income B. Gain on sale of real estate C. Income from a sole proprietor's law practice D. Dividends from stock E. None of the above 15. Elwin worked at three jobs during 2018. He earned $30,000, $27,000, and $9,000 respectively from the jobs. What is the total amount of FICA tax that would have been withheld from Elwin's wages? A $10,098 B. $4,092 C. $957 D. $5,049 E. None of the above. The answer is 20. Amy is a single taxpayer. Her income tax liability in the prior year was $5,178. Amy earns $50,000 of income ratably during the current year and her tax liability is $4,372. To avoid penalty. Amy's smallest amount of required annual withholding and estimated payments is: A. $4,372 B. $3.935 C. $5.178 D. $4,660 E. None of the above. The answer is

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