Tax Review for test

Determine the tax for the filing status Single with a gross income of $57,723.

• $10,763

• $10,775

• $7,856

• $10,788

Tags

CCSS.HSA.SSE.A.1

Determine the tax for the filing status Head of Household with a gross income of $60,950.

• $11,575

• $10,294

• $11,588

• $10,306

Tags

CCSS.HSA.REI.B.3

CCSS.HSA.SSE.A.1

Calculate the tax for a taxable income of $123,000

• $26,123

• $8,317

• $34,440

• $123,000

You have a taxable income of $109,850. What percent of your taxable income is your tax?

• 19%

• 12%

• 17%

• 13%

Tags

CCSS.HSA.CED.A.1

A taxpayer’s annual SS tax is $5,342. What is the taxpayer’s gross annual salary?

• $36,841.79

• $86,161.29

• $331.20

• $77.46

Tags

CCSS.HSA.CED.A.1

CCSS.HSA.CED.A.2

CCSS.HSA.CED.A.4

CCSS.HSA.REI.B.3

CCSS.HSA.SSE.A.1

CCSS.HSN.Q.A.1

A taxpayer’s annual Medicare tax is $789. What is the taxpayer’s gross annual salary?

• $11.44

• $48.92

• $12,725.81

• $54,413.79

Tags

CCSS.HSA.CED.A.1

CCSS.HSA.REI.B.3

Using the given W-2, how much was taken out in taxes?

• $11,627.90

• $14,401.94

• $10,864.99

• $3,536.95

Brenda is taxed at 21% tax rate for her federal taxes. Last year, she reduced her taxable income by contributing $325 per biweekly paycheck to her tax deferred retirement account and $52 per biweekly paycheck to her FSA. Her gross biweekly pay is $1,800. How much did she reduce her annual federal taxes by?

• $79.17

• $378

• $2,058.42

• $377

Tags

CCSS.HSA.CED.A.1

CCSS.HSA.CED.A.2

CCSS.HSA.REI.B.3

CCSS.HSA.SSE.A.1

Using the given W-2, calculate box 3.

• $3,855.16

• $62,180

• $265,873.10

• $106,412.90

Using the given W-2, calculate box 1.

• $3,855.16

• $62,180

• $265,873.10

• $54,980

Tags

CCSS.7.EE.B.3

CCSS.7.NS.A.3