Question
Please help for the correct answers, your explanation will be more helpful thx!!! Question 1 Julia and Maria are registered domestic partners filing jointly for
Please help for the correct answers, your explanation will be more helpful thx!!!
Question 1
Julia and Maria are registered domestic partners filing jointly for California tax purposes. Their combined Form 540, line 19, taxable income is $73,721. What is their tax to be entered on line 31 if using the tax table?
Group of answer choices
$3,608
$1,788
$2,578
$2,154
Question 2
Julia and Maria are registered domestic partners filing jointly for California tax purposes. Their combined Form 540, line 19, taxable income is $73,721. What is their tax to be entered on line 31 if using the tax rate schedule? (round your answer)
Group of answer choices
$3,608
$1,789
$2,398
$2,155
Question 3
Francis files his California Form 540 as head of household and has line 19, taxable income of $47,394. What is Francis tax to be entered on line 31 if using the tax table?
Group of answer choices
$1,176
$1,767
$940
$746
Question 4
Francis files his California Form 540 as head of household and has line 19, taxable income of $47,394. What is Francis tax to be entered on line 31 if using the tax rate schedule? (round your answer)
Group of answer choices
$1,177
$1,768
$746
$915
Question 5
Klay and Dan have decided to end their registered domestic partnership but have not filed any dissolution paperwork to start the process as of the last day of the current tax year. They are going to file as status, "Married/RDP Filing Separately". Klay has Form 540, line 19 taxable income of $63,424 and Dan has Form 540, line 19 taxable income of $84,681. What is Dans tax to be entered on line 31 if using the tax table?
Group of answer choices
$5,120
$4,631
$5,140
$2,822
Question 6
Klay and Dan have decided to end their registered domestic partnership but have not filed any dissolution paperwork to start the process as of the last day of the current tax year. They are going to file as status, "Married/RDP Filing Separately. Klay has Form 540, line 19 taxable income of $63,424 and Dan has Form 540, line 19 taxable income of $84,681. What is Klays tax to be entered on line 31 if using the tax rate schedule? (round your answer)
Group of answer choices
$2,120
$2,141
$2,689
$3,983
Question 7
What is the total tax each person would pay in questions 5 and 6 above?
Group of answer choices
$7,320
$8,272
$8,283
$8,292
Question 8
What is the total tax to be entered on line 31 if the taxpayers in questions 5 and 6 above filed as status married/RDP filing jointly using the tax rate schedule?
Group of answer choices
$7,281
$8,251
$8,274
$8,281
Question 9
Thomas is married to Ethel and they are 66 and 64 years old respectively. Ethel is legally blind and can no longer drive. Their only income is interest and dividends on savings and investments totaling $58,922. What is the amount of exemption credits they will enter on Form 540, line 32?
Group of answer choices
$560
$387
$258
$0
Question 10
Trisha is a 37 year-old single parent of two children ages 7 and 10. Trisha has full custody of both children and files her Form 540 as head of household status. Trishas W-2 reported wages of $63,076 for the year. What is the amount of exemption credits they will enter on Form 540, line 32?
Group of answer choices
$129
$258
$387
$1,006
Question 11
Jamal is a 26 year old single real estate agent in southern California. Last year Jamal reported $235,964 on Form 540, line 13. What is the amount of exemption credits Jamal will enter on Form 540, line 32?
Group of answer choices
$122
$140
$433
$485
Question 12
Lisa and Jeff are married defense attorneys working for a large Los Angeles law firm. Their combined federal adjusted gross income is $586,120. The couple has 4 children all under the age of 15. What is the amount of exemption credits they will enter on Form 540, line 32?
Group of answer choices
$508
$909
$1,468
$1,704
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started