1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
jarptica [38.1K]
3 years ago
7

Juan, who is single, is a self-employed carpenter as well as an employee of Frame It, Inc. His self-employment net income is $33

,025, and he received a W-2 from Frame It for wages of $23,250. He is covered by his employer's pension plan, but his employer does not offer a health plan in which he could participate.
Mathematics
1 answer:
Neko [114]3 years ago
5 0

Answer:

Juan, who is single, is a self-employed carpenter as well as an employee of Frame It, Inc. His self-employment net income is $33,025, and he received a W-2 from Frame It for wages of $23,250. He is covered by his employer's pension plan, but his employer does not offer a health plan in which he could participate.

a) up to how much of his self employed health insurance premiums could he deduct for this year, if any? why?

b) how much of Juan’s self employment taxes would be deductible

Step-by-step explanation:

a) Juan can deduct up to 100 of his self-employed health insurance premiums, the two possibilities of regards to this deduction, the only limitation that applies to Juan is that he can deduct premiums only up to $33,025. which is from his net business income. self employment

b) Juan can deduct 50% of his self employment taxes as an above the line deduction

You might be interested in
Mandy bought a desktop computer system to start her business from home for $4,995. It is expected to depreciate at a rate of 10%
ziro4ka [17]

Answer:

8.43 years

Step-by-step explanation:

Given data

Cost price P= $4995

Rate r= 10%

FInal amount A= $2150

The expression for the time/duration is given as

t= ln(A/p)/r

t= ln(2150/4995)/0.1

t= ln(0.430)/0.1

t= 0.843/0.1

t= 8.43

Hence the time it will take is 8.43 years

3 0
3 years ago
The following graph represents the hourly commission of a home appliance salesperson, y, based on the number of salespeople that
grandymaker [24]

We have been given graph of a downward opening parabola with vertex at point (6.5,42.25). We are asked to write equation of the parabola in standard form.

We know that equation of parabola in standard form is f(x)=ax^2+bx+c.

We will write our equation in vertex form and then convert it into standard form.

Vertex for of parabola is y=a(x-h)^2+k, where point (h,k) represents vertex of parabola and a represents leading coefficient.

Since our parabola is downward opening so leading coefficient will be negative.

Upon substituting coordinates of vertex and point (0,0) in vertex form, we will get:

0=-a(0-6.5)^2+42.25

0=-a(42.25)+42.25

-42.25=-a(42.25)+42.25-42.25

-42.25=-42.25a

a=1 Divide both sides by -42.25

So our equation in vertex form would be f(x)=-(x-6.5)^2+42.25.

Let us convert it in standard from.

f(x)=-(x^2-13x+42.25)+42.25

f(x)=-x^2+13x-42.25+42.25

f(x)=-x^2+13x

Therefore, the equation of function is standard form would be f(x)=-x^2+13x.

3 0
3 years ago
Simplify the expression:<br> 7r2+5r2+9r
jenyasd209 [6]

Answer:

9r+7r+9r

Step-by-step explanation:

4 0
3 years ago
Read 2 more answers
What is 6+(-7)<br><br><br><br><br><br><br><br><br> Please <br> Please<br> Please<br> Please
kherson [118]
The answer would be -1
8 0
3 years ago
There are ten cats and twelve dogs. what is the ratio of dogs to cats? it doesn't have to be simplified. ​
Zepler [3.9K]

It is 10:12

5:6 is simplified

7 0
3 years ago
Read 2 more answers
Other questions:
  • Which quadraric equation has roots -2 and 3
    14·1 answer
  • Solve for y: 5(x+y)=20+3x
    7·1 answer
  • Solve by taking the square root of both sides 4(x-4)^2-180=0
    11·1 answer
  • What two numbers add up to 75 and multiply to 1134?
    6·1 answer
  • Find the volume of this right triangular
    8·1 answer
  • If you apply the changes below to the quadratic parent function, f(x)=x^2 which of these is the equation of the new function?
    12·1 answer
  • If anyone can help it would be greatly appreciated. I will give you 20 extra points for free! Or venmo you $10 :)
    7·2 answers
  • A population of bacteria is introduced into a culture. The number of bacteria P can be modeled by P(t) = 800 1 + 9t 90 + t2 , wh
    6·1 answer
  • Raul drove 3 hours at a rate of 55 miles per hour
    7·1 answer
  • 9-3 divided by 1/3+1
    14·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!