1- Married taxpayers Otto and Ruth are both self-employed and file a joint return. Otto earns $350,000 of self-employment income and Ruth has a…

1- Married taxpayers Otto and Ruth are both self-employed and file a joint return. Otto earns $350,000 of self-employment income and Ruth has a self-employment loss of $10,000. How much Medicare surtax for high income taxpayers will Otto and Ruth have to pay with their 2014 income tax return?$

2-Jan has two jobs during 2014. One employer withheld and paid FICA taxes on $70,000 of Jan’s salary, and the other employer withheld and paid FICA taxes on $47,700 in salary paid to Jan.

Calculate the amount of Jan’s overpayment of FICA taxes that she should claim on her 2014 Form 1040. Do not round your intermediate computations. Round your final answer to two decimal places.$

SURNAME1NameProfessorDateTaxationFiling a joint returnOtto earnings $350000Ruth losses $10000 Total earnings $35000+ (-$10000) =$25000Medicare surtax for high income earners given that the…

Show more

Calculate Your Essay Price
(550 words)

Approximate price: $22

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
$26
The price is based on these factors:
Academic level
Number of pages
Urgency
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more