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Roger is a college student who is employed as a waiter during the summer. He earns approximately $1,500 during the summer and estimates that he
Roger is a college student who is employed as a waiter during the summer. He earns approximately $1,500 during the summer and estimates that he will not be required to file a tax return and will have not federal income tax liability. Last year, however, he made $6,000 and was required to file a return and pay $400 in taxes. Roger is unmarried and is supported by his parents. He has no dependents and does not have any other sources of income or deductions. | ||||||||
a. Can Roger claim exempt status on Form W-4 for withholding purposes ? ( May or May Not) Explain, | ||||||||
Roger | claim exempt status since | |||||||
b. Can Roger claim more than one exemption on Form W-4 (e.g. additional withholding allowance or standard deduction allowance) to minimze the amount withheld? | ||||||||
Roger | claim more than one exemption on Form W-4. | |||||||
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