29 Jun 35. Mrs. Starling worked for Abb
Question
26. An individual is indifferent between filing as a single taxpayer or a head of household if he has $8,500 or
less of taxable income.
True False
27. Married individuals who elect to file separate tax returns may use the single rates to compute their
tax.
True False
28. An individual with $400,000 taxable income has the same marginal rate as a single taxpayer or as a head
of household.
True False
29. It is impossible for a progressive income tax system to be both marriage neutral and horizontally
equitable.
True False
30. Mr. and Mrs. Kline file a joint return on which they claim the standard deduction and two exemptions. If
the taxable income on their return is $55,300, they are not paying a marriage penalty.
True False
31. Mr. and Mrs. Toliver’s AGI on their jointly filed return is $339,000. Regardless of the number of their
children, the Tolivers are not eligible for a child credit.
True False
32. Mr. and Mrs. Casey have two dependent children, ages 3 and 6. The Caseys spent $10,300 for child care
this year. Mrs. Casey is employed full-time as an attorney. Mr. Casey is an unpublished novelist who has
yet to earn any money from his writing. The Caseys are eligible for a dependent care credit.
True False
33. The earned income credit is only available to low-income taxpayers with dependent children.
True False
34. The earned income credit offsets the burden of the federal payroll tax on low-income families and
encourages individuals to seek employment rather than to depend on welfare.
True False
35. Mrs. Starling worked for Abbot Inc. from January 1 through September 19. Her salary from Abbot for
this period totaled $122,000. Mrs. Starling worked for JJT Inc. from October 1 through December 31. Her
salary from JJT for this period totaled $38,000. JJT is not required to withhold Social Security tax from
Mrs. Starling’s salary because Abbot Inc. already withheld the maximum tax for the year.
True False
36. An individual must pay the greater of her regular income tax or her alternative minimum tax (AMT) for
the year.
True False
37. The standard deduction and exemption amount are not deductible in the computation of alte
Our website has a team of professional writers who can help you write any of your homework. They will write your papers from scratch. We also have a team of editors just to make sure all papers are of HIGH QUALITY & PLAGIARISM FREE. To make an Order you only need to click Ask A Question and we will direct you to our Order Page at WriteDemy. Then fill Our Order Form with all your assignment instructions. Select your deadline and pay for your paper. You will get it few hours before your set deadline.
Fill in all the assignment paper details that are required in the order form with the standard information being the page count, deadline, academic level and type of paper. It is advisable to have this information at hand so that you can quickly fill in the necessary information needed in the form for the essay writer to be immediately assigned to your writing project. Make payment for the custom essay order to enable us to assign a suitable writer to your order. Payments are made through Paypal on a secured billing page. Finally, sit back and relax.
About Writedemy
We are a professional paper writing website. If you have searched a question and bumped into our website just know you are in the right place to get help in your coursework. We offer HIGH QUALITY & PLAGIARISM FREE Papers.
How It Works
To make an Order you only need to click on “Order Now” and we will direct you to our Order Page. Fill Our Order Form with all your assignment instructions. Select your deadline and pay for your paper. You will get it few hours before your set deadline.
Are there Discounts?
All new clients are eligible for 20% off in their first Order. Our payment method is safe and secure.