maxine epstein is married and claims one allowance. epstein earns $750 weekly and also receives bonus checks (separate from her regular wages). epstein earned a bonus of $3,500 and her employer withheld from the bonus at a 22% flat rate. compute epstein's total federal income tax withholding at the flat rate from the bonus.

Answers

Answer 1
Answer:

Answer:

To compute Maxine Epstein's total federal income tax withholding at the flat rate from her bonus, you can follow these steps:

Determine the amount of the bonus subject to flat-rate withholding. In this case, her bonus is $3,500, and her employer withheld at a 22% flat rate.

Calculate the federal income tax withholding by multiplying the bonus amount by the flat-rate percentage:

Federal Income Tax Withholding = Bonus Amount x Flat-Rate Percentage

Federal Income Tax Withholding = $3,500 x 0.22

Perform the calculation:

Federal Income Tax Withholding = $770

Maxine Epstein's total federal income tax withholding from her bonus, at the flat rate, is $770. This amount will be withheld by her employer and remitted to the IRS. It's important to note that this is just the withholding amount, and the actual income tax liability may vary based on her total income, deductions, and credits when she files her tax return.


Related Questions

You are considering investing in a zero-coupon bond that will pay you its face value of $1000 in twelve years. If the bond is currently selling for $496.97, then the internal rate of return (IRR) for investing in this bond is closest to ________.
_____ refers to searching and capturing new ideas that lead to business opportunities. Opportunity charging Entrepreneurial alertness Opportunity recognition Opportunity encryption
Flextime is a system that allows employees some freedom to choose which hours to work as long as they:
In the case of Hammer v. Breidenbach, 31 Mo. 49 (1860), Mr. Breidenbach was hired to brew beer in a cave for his employer, at a salary of $1,000 per year. The contract between the Bavarian Brewery (which would later become Anheuser-Busch) and Mr. Breidenbach specified that any violation of the agreement would result in the breaching party paying the sum of $500 to the injured party. Because the cave was dangerous, Mr. Breidenbach refused to enter it to make the beer, and his employer demanded the $500. An appellate court later determined that Mr. Breidenbach should not be required to enter the cave and endanger himself, and he was not required to pay the $500 "penalty." In which of the following modern cases could this case act as an appropriate precedent?A. A case where an employee was terminated for not attending work in a "sick" mold-infested building. B. A case where a caterer refuses to enter a condemned building to provide food to a Halloween party. C. A case where a liquidated (pre-determined) damages payment in a contract was excessively disproportionate to the injury. D. A case where an employer was sued for forcing employees to work in unsafe conditions.
13 ___________ is associated with success for managers and salespeople.

Making a credit card minimum payment:A Means you are paying a small portion of your total credit card debt
B Is the same thing as making a late credit card payment
C Will have a negative effect on your credit score
D Will cause your credit card to be cancelled

Answers

A is correct answer. The minimum payment is the smallest amount you can pay to your credit card company without having to make extra payments or incur extra charges. It is calculated based on the interest rate and the amount you borrowed. However, as the amount you are repaying decreases, so does the minimum payment, so you always end up only paying off a small portion of the total debt.

The correct option 'Making a credit card minimum payment' A Means you are paying a small portion of your total credit card debt.

Making a credit card minimum payment means that you are paying the minimum amount required by your credit card issuer each month. This amount is typically a small percentage of your total credit card debt, usually around 2-3%. It is important to note that making only the minimum payment will result in carrying a balance and incurring interest charges on the remaining debt. It is always recommended to pay more than the minimum to reduce your overall debt and avoid excessive interest charges.

Making a credit card minimum payment is not the same as making a late credit card payment. A late payment occurs when you fail to make the minimum payment by the due date, which can result in late fees and potentially negative effects on your credit score.

While making only the minimum payment may not have a positive impact on your credit score, it typically does not have a significant negative effect either. However, consistently making only minimum payments and carrying a high balance can be seen as a sign of financial stress and may eventually have a negative impact on your creditworthiness.

Making the minimum payment will not cause your credit card to be canceled. However, consistently missing payments or defaulting on your credit card can lead to your credit card being canceled by the issuer.

To know more about credit card  here

brainly.com/question/27350251

#SPJ6

Who are the founders of the file-sharing site Dailymotion?

Answers

Founders: Benjamin Bejbaum · Olivier Poitrey · Didier Rappaport

Under the __________ system the number of choices in the market is directly related to government involvement in markets

Answers

COMMUNIST

Under the Communist System the number of choices in the market is directly related to government involvement in markets.

Communist system is a market system wherein all market decisions are made by the government. 

A customer calls to ask how often he should change the oil in a lawn mower engine. After asking the customer for the manufacturer's name and the model number of the lawn mower engine, you check the service manual for the engine. The engine manufacturer recommends that you change the oil after every 50 hours of light- or normal-duty operation, or after every 25 hours of heavy-duty operation. The customer tells you that he is the groundskeeper at a local golf resort. He uses this mower only to trim the greens on the course. He mows the greens 2 times per week; each time, it takes a total of 5 hours to complete the job. The golf course is open 30 weeks out of the year. If you consider the mowing of the golf course to be normal-duty operation, how often should you tell the customer to change the oil in the mower engine? (Hint: You'll need to calculate the total number of hours the groundskeeper uses the mower per year. Assume that it's now the beginning of the 30-week golf resort season.)a. The oil should be changed a total of 2 times during the 30-week season.
b. The oil should be changed a total of 3 times during the 30-week season.
c. The oil should be changed a total of 6 times during the 30-week season.
d. The oil should be changed a total of 10 times during the 30-week season.

Answers

Given:
mows the green 2 times per week; 5 hours total to complete the job.
golf course is open 30 weeks out of the year.

30 weeks * 2 times per week = 60 times
60 times * 5 hours each time = 300 hours total

300 hours / 50 hours of normal duty  = 6 times oil change

c.) The oil should be changed a total of 6 times during the 30-week season.

Which career field is dominated by men?a. Dental Assistant
b. Computer Science
c. Preschool teacher

Answers

The career field dominated by men in Computer Science. Thus the correct option is B.

What is a Career?

A career is referred to what an individual chooses as a profession to earn something. A career of an individual is based on his talents, skills, and abilities which help him to seek growth and development and achive the goals of life.

The majority of men work in the field of computer science. According to research, women make up 21.2% of computer scientists while men make up 78.8%.

Electrical engineers, computer network architects, and mechanical engineers are a few examples of professions where men predominate because field work demands more physical strength.

Men predominate in the field of programming computers. But it wasn't always that manner. They merely thought that programming computers were a simple task. Computer programmers are typically male and uninterested.

Therefore, option B is appropriate.

Learn more about Career, here:

brainly.com/question/2160579

#SPJ5

Computer science is dominated by men.

Describe the chosen human rights violation that is taking place in your community. Give your own position on this matter

Answers

A human rights violation that is taking place in my community would be the building of a fence that had happened in recent months that was designed to deter refuges from coming through specific places through the country. This was of course wrong.