Homework Answers
The tax payer has to owes $675 as maximum payment or 2.5% of income of the taxpayer whichever is higher amount is considered for maximum shared responsibility payment
1)$675 (Maximum Payment)
2) AGI = $35,000
Responsibility payment = $35,000*2.5% = $875 Whichever is higher amount
So the maximum shared responsibility payment that Curtis required to pay $875
Add Answer to:
6. Curtis, age 29, did not have health care coverage all year. His AGI is $35,000....
Ramon did not have health insurance in 2019 how does that affect his return? A. he...
Ramon did not have health insurance in 2019 how does that affect his return? A. he must pay a $695 Shared responsibility payment B. it has no effect on his form 1040 the full year health care coverage or exempt box is eliminated from form 1040 because the shared responsibility payment is reduced to zero for tax year 2019. c. Ramon can claim a short coverage gap exemption to avoid the shared responsibility payment. d. Ramon can claim the affordability...
Could you check the answer for me ? Federal Tax Law Update Test for Circular 230...
Could you check the answer for me ?
Federal Tax Law Update Test for Circular 230 Professionals False 1. Pete and Shirley are filing a joint return. They have two dependent children. The total amount of their exemptions for tax year 2019 is $16,800. 2. Bill and Martha are filing a joint return. They are both over 65 years old. Neither of them are blind. What is their standard deduction? $ 2600 (Do not enter dollar signs, commas, periods, or...
False 1. Pete and Shirley are filing a joint return. They have two dependent children. The...
False 1. Pete and Shirley are filing a joint return. They have two dependent children. The total amount of their exemptions for tax year 2019 is $16,800. 2. Bill and Martha are filing a joint return. They are both over 65 years old. Neither of them are blind. What is their standard deduction? $ 27000 A. $0 (Do not enter dollar signs, commas, periods, or decimal points in your answer.) 3. Sarah's divorce was finalized on March 4, 2019. As...
Case Scenario 1: In 2012, Dan was a 52-year-old handyman who worked odd jobs and did...
Case Scenario 1: In 2012, Dan was a 52-year-old handyman who worked odd jobs and did not carry insurance. He earned more than 150% of the poverty level so didn’t qualify for public health coverage, yet he could not afford to pay the high medical premiums insurance companies charged people with pre-existing conditions. One day, Dan fell from a ladder while working on a project. He did not seek medical attention despite severe back pain because he could not afford...
can someone check this for me False 1. Pete and Shirley are filing a joint return....
can someone check this for me
False 1. Pete and Shirley are filing a joint return. They have two dependent children. The total amount of their exemptions for tax year 2019 is $16,800. 2. Bill and Martha are filing a joint return. They are both over 65 years old. Neither of them are blind. What is their standard deduction? 27000 A. 50 (Do not enter dollar signs, commas, periods, or decimal points in your answer.) 3. Sarah's divorce was finalized...
28. The only income Ramon needs to report on his Schedule C is his income from...
28. The only income Ramon needs to report on his Schedule C is his income from Form 1099 K. Payment Card and Third Party Network Transactions True False S et Seed Ouestionley Sweet 29 Ramon's mileage expense deduction at the standard mileage rate) for his business as a ride share driver (rounded to the nearest dollar) is $17.516. True False Back Next Skip First Skipped Question Next Skipped Question 30. What is the amount of Ramon's student loan interest deduction...
Ethically, health-care providers should refuse all patients that do not have the ability to pay. refuse...
Ethically, health-care providers should refuse all patients that do not have the ability to pay. refuse patients when the practice is already oversubscribed. only refuse patients when the provider has announced his or her retirement. refer all low-income patients to a charitable organization instead of providing any health care to these patients. It is never acceptable to withhold information from patients for fear they will refuse treatment. True False Knowledge that, if revealed, would harm not only the client but...
A homeowners' policy will typically pay up to $500 per plant that is damaged by a...
A homeowners' policy will typically pay up to $500 per plant that is damaged by a covered peril. This is an example of: an aggregate dollar limit an open perils dollar limit C. a specific dollar limit a mixed dollar limit none of the above e. You purchase an annuity for which you will make one payment of $15,000 on your 50 birthday. The annuity will start paying you $400 a month on your 67" birthday until you die. What...
Gleim 6 Deductions from AGI [1] Which one of the following expenses does not qualify as...
Gleim 6 Deductions from AGI [1] Which one of the following expenses does not qualify as a deductible medical expense? A. Cost of long-term care for a developmentally disabled person in a relative’s home. B. Special school for a deaf child to learn lip reading. C. Cost of elevator installed for individual who had heart bypass surgery (in excess of increase in value of individual’s home). D. Cost and care of guide dogs used by a blind person in his...
Health and Wellness Preparing for Clinical Practice Ms. Thom, age 46, works as an RN in...
Health and Wellness Preparing for Clinical Practice Ms. Thom, age 46, works as an RN in the intensive care unit at a large busy medical center. Over the last three years she has gained 30 lbs and quit attending the fitness classes at the local recreation center. Her co-workers keep trying to get her to come back to fitness class, but she says that she is too tired after work and just wants to go home. She has smoked for...
Could you check the answer for me ?
Federal Tax Law Update Test for Circular 230 Professionals False 1. Pete and Shirley are filing a joint return. They have two dependent children. The total amount of their exemptions for tax year 2019 is $16,800. 2. Bill and Martha are filing a joint return. They are both over 65 years old. Neither of them are blind. What is their standard deduction? $ 2600 (Do not enter dollar signs, commas, periods, or...
False 1. Pete and Shirley are filing a joint return. They have two dependent children. The total amount of their exemptions for tax year 2019 is $16,800. 2. Bill and Martha are filing a joint return. They are both over 65 years old. Neither of them are blind. What is their standard deduction? $ 27000 A. $0 (Do not enter dollar signs, commas, periods, or decimal points in your answer.) 3. Sarah's divorce was finalized on March 4, 2019. As...
can someone check this for me
False 1. Pete and Shirley are filing a joint return. They have two dependent children. The total amount of their exemptions for tax year 2019 is $16,800. 2. Bill and Martha are filing a joint return. They are both over 65 years old. Neither of them are blind. What is their standard deduction? 27000 A. 50 (Do not enter dollar signs, commas, periods, or decimal points in your answer.) 3. Sarah's divorce was finalized...
28. The only income Ramon needs to report on his Schedule C is his income from Form 1099 K. Payment Card and Third Party Network Transactions True False S et Seed Ouestionley Sweet 29 Ramon's mileage expense deduction at the standard mileage rate) for his business as a ride share driver (rounded to the nearest dollar) is $17.516. True False Back Next Skip First Skipped Question Next Skipped Question 30. What is the amount of Ramon's student loan interest deduction...
A homeowners' policy will typically pay up to $500 per plant that is damaged by a covered peril. This is an example of: an aggregate dollar limit an open perils dollar limit C. a specific dollar limit a mixed dollar limit none of the above e. You purchase an annuity for which you will make one payment of $15,000 on your 50 birthday. The annuity will start paying you $400 a month on your 67" birthday until you die. What...
Most questions answered within 3 hours.
-
The denaturation of proteins can be described by the
equilibrium
F⇌U
where F and U represent...
asked 1 hour ago -
Please answer what the maximum and minimum force is, and the
angle on the ion is...
asked 1 hour ago -
implement a program that reads a number of rows and a symbol.
The program will draw...
asked 1 hour ago -
Assume that when adults with smartphones are randomly selected,
45% use them in meetings or classes....
asked 1 hour ago -
Determine the number of formula units of
Na2SO4 and moles of oxygen contained in 8.11
moles...
asked 1 hour ago -
Explain in steps on the following code
What would be the output when executed
using System;...
asked 1 hour ago -
Given the information in the table, which of the following
statements is CORRECT?
Stock A
Stock...
asked 1 hour ago -
Write MARIE assembly language programs that do the following:
Write a program that inputs an integer...
asked 1 hour ago -
Explain an understanding of services and protocols.
Explain the job of DNS.
Explain the three email...
asked 1 hour ago -
(As soon as possible) Balance each of the following equations
according to the half-reaction method:
H2O2(aq)...
asked 2 hours ago -
A thin rod with a mass of 3.5kg and a length L=1.5 m is oriented
horizontally....
asked 2 hours ago -
Inheritance pattern in BRCA 1
Describe the inheritance pattern of BRCA 1 Is it recessive or...
asked 2 hours ago