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igor_vitrenko [27]
2 years ago
14

How much can you earn in 2022 and draw social security

Business
1 answer:
FinnZ [79.3K]2 years ago
6 0

Answer:

The maximum amount of earnings subject to Social Security tax will increase by $4,200 to $147,000 in 2022. Those who earn more than $147,000 in 2022 will notice a bump in their paychecks once their earnings have surpassed the taxable maximum and they no longer have Social Security tax withheld from their salary.

Explanation:

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Orange Inc. issued 29,500 nonqualified stock options valued at $59,000 (in total). The options vest over two years—half in 2018
Margaret [11]

Answer:

The 2019 book-tax difference associated with the stock options is $24,500 unfavorable

Explanation:

The steps to compute the book-tax difference is explained below:

Step 1: First we have to divide the total stock amount by two years so that we can find out the one year amount

Step 2: Then, compute the option amount for 2019, and subtract it from step 1

So, the total stock amount for year 1 equals to

= Issued non qualified stock options ÷ 2 years

= $59,000 ÷ 2

= $29,500

Now, the book difference would equal to

= $29,500 - (1,000 options × $5)

= $29,500 - $5,000

= $24,500 unfavorable

6 0
3 years ago
The stock of Flop Industries is trading at "$37" You feel the stock price will decline, so you short 400 shares at an initial ma
Allushta [10]

Answer:

$45.54

Explanation:

Given that,

Stock of Flop Industries is trading at $37

Initial margin = 60 percent (short 400 shares sale)

Maintenance margin = 30 percent

Amount received from short sale:

= shares short × Stock trading price

= 400 × $37

= $14,800

Initial deposit:

=  Amount received from short sale × Initial margin

= $14,800 × 60%

= $8,880

Account value = Amount received from short sale + Initial deposit

                        =  $14,800 + $8,880

                        = $23,680

Margin call price:

= Account value ÷ [short sale + (short shares sale × maintenance margin)]

= $23,680 ÷ [400 + (400 × 30%)]

= $23,680 ÷ (400 + 120)

= $23,680 ÷ 520

= $45.54

6 0
3 years ago
As a married couple, Yihong and Kaylee’s EIP was $2,800. In 2021, they computed their recovery rebate credit as $4,200 due to th
saw5 [17]

The 2021 net impact of the EIP and RRC will be to C. decrease the tax liability by $500.

<h3>What's a tax?</h3>

It should be noted that a tax simply means the levy that's imposed on the individuals or forms by the government.

Here, Yihong and Kaylee’s EIP was $2,800. In 2021, they computed their recovery rebate credit as $4,200 due to the birth of a child in 2021.

Therefore, the 2021 net impact of the EIP and RRC will be to decrease the tax liability by $500.

Learn more about tax in:

brainly.com/question/25783927

#SPJ1

8 0
2 years ago
Explain why monopolies do exist?
ANEK [815]

Answer:

When one company exerts sole control over a resource that is necessary for the production of a specific product, the market may become a monopoly.

Explanation:

This is because you can control companies if you are the only place available for a resource for example water in dry contents

6 0
3 years ago
You can tell us cell is the active cell when it has a
kvv77 [185]

Answer:

when it has a bold border and it is where the data you type will appear.

Explanation:

3 0
3 years ago
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