Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Sep 09, 2020

State three (3) situations where you would not be able to use the payroll deductions 4 tables and would manually calculate the income tax to

State three (3) situations where you would not be able to use the payroll deductions 4 tables and would manually calculate the income tax to deduct at source.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

ANS WER 1 If an employee is exempt from income tax 2 If an employee has more than one job and their ... 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

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

Recommended Textbook for

Federal Taxation 2018 Comprehensive

Authors: Thomas R. Pope, Timothy J. Rupert, Kenneth E. Anderson

31st Edition

134532384, 978-0134550893, 134550897, 978-0134532387

More Books

Students explore these related Accounting questions

Question

Explain why the auditor might not be able to use a combined audit approach of an IFRS conversion.

Answered: 3 weeks ago

Question

Sometimes taxpayers may not be able to file their tax returns by the normal due date. Are extensions available? How long are the extensions? Do extensions enable taxpayers to delay paying the tax...

Answered: 3 weeks ago

Question

1. You will be able to use turbidity as a means of determining cell growth in future experiments. Using the plot of absorbance versus cell count derived in this exercise, you will be able to...

Answered: 3 weeks ago

Question

5. Vehicle crumple zones are designed to absorb energy during an impact by deforming to reduce transfer of energy to occupants. How much kinetic energy, in Btu, must a crumple zone absorb to fully...

Answered: 3 weeks ago

Question

Bombarding a suspension of mitochondria with high-frequency sound waves (sonication) produces submitochondrial particles derived from the inner mitochondrial membrane. These membranous vesicles seal...

Answered: 3 weeks ago

Question

A violin string vibrates at 294 Hz when un-fingered. At what frequency will it vibrate if it is fingered one-third of the way down from the end? (That is only two-thirds of the string vibrates as a...

Answered: 3 weeks ago

Question

The density function of X is f (x) = c (x + 3)2 , 0 x 3. Then the value of c is (a) 2 (b) 6 (c) 3 (d) 16 (e)12

Answered: 3 weeks ago

Question

A candidate for mayor in a small town has allocated $40,000 for last-minute advertising in the days preceding the election. Two types of ads will be used: radio and television. Each radio ad costs...

Answered: 3 weeks ago

Question

You want to buy a 1.9 million dollar house in Venice beach. You want to know your payment. You plan to put a down payment of 20% on the house. What amount would you enter for FV on your calculator to...

Answered: 3 weeks ago

Question

A bank decides to create a five-year principal-protected note on a non-dividend-paying stock by offering investors a zero-coupon bond plus a bull spread created from calls. The risk-free rate is 4%...

Answered: 3 weeks ago

Question

The ledger of Villa Rental Agency on March 31 of the current year includes the selected accounts shown below, before adjusting entries have been prepared Debit Credit 3,800 Prepaid Insurance Supplies...

Answered: 3 weeks ago

Question

5. Using the following data, calculate the breakeven point and margin of safety in units: Selling Price = $50 Variable Cost =$40 Fixed Cost = $70,000 Budgeted Sales = 7,500 units

Answered: 3 weeks ago

Question

Megan used to work at the local pizzeria for $30,000 per year but quit in order to start her own deli. Last year, she paid $6,000 rent each month, $5,500 for employee payroll each month, and $1,500...

Answered: 3 weeks ago

Question

Using a Motorcycle System, create a list of functional and physical terms, develop a functional hierarchy and a physical hierarchy for the Motorcycle System.

Answered: 3 weeks ago

Question

After also looking specifically at the report on pages 11 and 10, discuss the usefulness of the ESEA of 1965 as it relates to safety and security in the 2010's. Discuss the value of federal action...

Answered: 3 weeks ago

Question

Question 1: Discuss the Primary Factors Influencing Earth's Climate and How They Interact Question 2: Explain the Concept of Climate Models and Their Role in Predicting Future Climate Changes

Answered: 3 weeks ago

Question

Classify each of the transactions listed below as: 1. Operating activityadd to net income. 2. Operating activitydeduct from net income. 3. Investing activity. 4. Financing activity. 5. Reported as...

Answered: 3 weeks ago

Question

1) The government decided to reduce taxes on fast-food to increase revenue. The government assumes that fast-food products have a) An inelastic demand b) An elastic demand c) A demand curve that is...

Answered: 3 weeks ago

Question

How many dependency exemptions are the following taxpayers entitled to, assuming the people involved are U.S. citizens? Which dependents qualify for the child credit? a. Andrew supports his cousin...

Answered: 3 weeks ago

Question

A good tax structure has five characteristics. a. Briefly discuss the five characteristics. b. Using the five characteristics, evaluate the following tax structures: 1. Federal income tax 2. State...

Answered: 3 weeks ago

Question

Does the exemption from the gift tax for direct payment of tuition encompass payments of non-relatives tuition? Explain.

Answered: 3 weeks ago

Question

In July, the following transactions occurred for Rodger's Fitness Training Studio of Sydney: 2017 July ...... 2 Rodger Baldwin invested $16,200 in the studio. ............ 3 Paid three months' rent...

Answered: 3 weeks ago

Question

Why don't the formal financial statements contain debit or credit columns?

Answered: 3 weeks ago

Question

Ruth Jones began a new business called RJ Graphics, located in Moncton. The following transactions resulted: A. Ruth invested $10,500 cash from her personal bank account in the graphics company. B....

Answered: 3 weeks ago

Previous Question Next Question