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Alexus [3.1K]
2 years ago
7

Miguel has been working at his job for 3 years and already filled out a W-4 when he was first hired. This year, he just got marr

ied and is planning on filing his taxes jointly with his spouse. What should he do?
Keep the same information on his W-4
Wait until next April to fill out a new W-4
Request to fill out a new W-4 from his employer
Email his HR department that they need to update his W-4
Business
2 answers:
abruzzese [7]2 years ago
6 0

Considering the situation described above, what Miguel should do is to "<u>Request to fill out a new W-4 from his employer."</u>

<h3>What is W-4 Form?</h3>

The W-4 form is the form that is filled by the employee and submitted to the employer to show the filing status, numerous jobs modifications, amount of credits, other income, deductions, and any other amount to withhold from each paycheck to determine the amount of federal income tax to remove and withhold from the employee's salary.

Therefore given that Miguel just got married and is planning on filing his taxes jointly with his spouse, despite having already filled out a W-4 when he was first hired, then action expected from him is to "request to fill out a new W-4., from his employer."

Hence, in this case, it is concluded that the correct answer is option C.

Learn more about the W-4 Form here: brainly.com/question/15507745

Illusion [34]2 years ago
5 0

Based on the information regarding the W-4, the thing that should be done next will be C. Request to fill out a new W-4 from his employer.

The W-4 form simply tells the employer, the filing status of the employee, amount of credits, multiple jobs adjustment, amount of other income, deductions, etc that are needed to compute the federal income tax.

Since Miguel was single when he started working with the company but was now married, he should request to fill out a new W-4 from his employer.

Learn more about tax on:

brainly.com/question/1133253

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If the central bank sells $10,000 in bonds to a bank that has issued $350,000 in loans and is exactly meeting the reserve requir
Scilla [17]

The money supply will  be $100,000

Banks need to have a $ 10,000 reserve, so if you buy $350,500 with 4,444 bonds, you'll need to reduce your lending by $10,000 to make up for the difference.

A decrease in credit means a decrease in deposits at other banks. In other words, the excess reserve was initially zero, but after the bond is sold it will be minus $10,000,

. The money supply will be reduced by $10,000  x 1 / 0.1 = $100,000 .

Banking is a business that protects money for others. Banks lend this money and generate interest that benefits the bank and its customers. A bank is a financial institution that is allowed to accept deposits and make loans. However, we can also provide other financial services.

Learn more about Banking here: brainly.com/question/1115815

#SPJ4

8 0
2 years ago
A sales invoice included the following information: merchandise price, $11,100; terms 1/10, n/eom, FOB shipping point with prepa
olga2289 [7]

<u>Assuming that a credit for merchandise returned of $1,000 is granted prior to payment and the invoice is paid within the discount period, the amount of cash that should be received by the seller is (a) $10399</u>

<u />

Explanation:

In the first step we will deduct the credit for merchandised return from the merchandise price

=($11,100-1$000)=$10,100 -------(a)

Then we multiply the result by terms (i.e 1/10=.01)

=($10,100*.01)=$101----------(b)

<u>Then we subtract the result of equation a with equation b</u>

($10,100-$101)=$9,999

Then we add the prepaid freight charges to the result obtained

($9,999+$400)=$10399

<u>Answer: </u>$10399

7 0
3 years ago
You observe that the inflation rate in the United States is 1.5 percent per year and that T-bills currently yield 2.0 percent an
Kamila [148]

Answer:

(a) 7.5%

(b) 8.5%

(c) 9.5%

Explanation:

(a) Foreign country inflation rate - US inflation rate = Foreign country risk free rate - US risk free rate

Lets foreign country inflation rate = X

X - 1.5 = 8 - 2

X - 1.5 = 6

X = 6 + 1.5

   = 7.5%

(b)

Lets foreign country infllation rate = X

X - 1.5 = 9 - 2

X - 1.5 = 7

X = 7 + 1.5

   = 8.5%

(c)

Lets foreign country inflation rate = X

X - 1.5 = 10 - 2

X - 1.5 = 8

X = 7 + 1.5

   = 9.5%

6 0
3 years ago
The moisture content of cocoa liquor is closest to:
Dafna1 [17]
The moisture content of cocoa liquor is closest to the cocoa bean itself. From which it is produced. Contains both cocoa solids and butter equally.The used oc moisture analyzer is to confirm moisture content rather than control it.
8 0
4 years ago
Which of the following is the least important in the sales process?
Zinaida [17]

Answer:

O b. customer's issues

Explanation:

In the sales process, the salesperson has to be attentive to figure out what the customer needs. The product or service on offer must be able to satisfy the customer's needs. Care must be exercised to ensure the product is within the customer's price range.

Customer issues may refer to other things that may be disturbing the customer. They are different from customers' concerns. While customer concerns are classifications that a client seeks, customer issues are personal 'problems,' making them sensitive.

5 0
3 years ago
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