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1 year ago

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Karen Most has a federal tax levy of $2,100.50 against her. If Most is single with two personal exemptions and had a take-home p

ay of $499.00 this week, how much would her employer take from her pay to satisfy part of the tax levy?

1 answer:

GREYUIT [131]1 year ago

5 0

2 because Karen already had done the federal tax levy of 2100.50 so I don’t matter so the answer is 2

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2 years ago

WRT, a calendar year S corporation, has 100 shares of outstanding stock. At the beginning of the year, Mr. Wallace owned all 100

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time = 273 days ( 1 january to 30 september )

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time remaining = 92 days ( 365 - 273 )

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to find out

income

solution

we find first ordinary income per share that will be

ordinary income per share = income / total share

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so

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share ×time period × per share per day

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income of daughter

share ×time period × per share per day

= 40×92 × 5.917 = $21774.56 .....................4

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