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Shalnov [3]
3 years ago
13

an unmarried taxpayer, has wages of $45,000. He has a significant amount of income from dividends and interest and therefore exp

ects to have a federal income tax liability of $18,000. His total federal income tax withholding for the year is $9,500. Randy had $100,000 of adjusted gross income and a federal tax liability of $11,000 on his 2017 return. To avoid a penalty for underpayment of estimated taxes, what is the minimum amount of total estimated tax that Randy must pay in 2018
Business
1 answer:
Olin [163]3 years ago
8 0

Answer: $8500

Explanation:

Since the total amount of estimated tax liability for 2018 is $18000 and the tax withholding is $9500$, then the balance tax payable for 2018 will be:

= $18000 - $9500

= $8500

Therefore, the minimum amount of total estimated tax that Randy must pay in 2018 in order to avoid a penalty for underpayment of estimated taxes will be $8500

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Answer:

3.49%

Explanation:

Calculation to determine the rate of return on this investment

Using this formula

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Let plug in the formula

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Therefore the the rate of return on this investment is 3.49%

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2 years ago
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Answer: In January, when the products are delivered.

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3 years ago
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binding arbitration

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That bound of the two parties makes it a binding arbitration.

As opposed to a non-binding arbitration where the result cannot be enforced onto the parties, a bit like a mediation.  The result is more like a discussion starting point towards a negotiation of the end of the conflict.

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Suppose a new technology makes video calls easier and more affordable for banks, allowing them to place "virtual tellers" in all ATM machines. If this happens, we would expect the DEMAND to INCREASE causing the salaries for remotely located customer service representatives to INCREASE.

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