Examlex

Solved

Cailey and Dimitri Are Married and File a Joint Tax

question 12

Multiple Choice

Cailey and Dimitri are married and file a joint tax return.Cailey has $170,000 in salary and Dimitri has $210,000 in self-employment income in 2019.How much must they pay on their individual tax return for their Medicare surtax?


Definitions:

Agency by Estoppel

A situation where a person is prevented by their own actions from denying or negating the existence of an agency relationship.

Cocktail Party

A social gathering where guests enjoy alcoholic beverages and light refreshments, typically standing and mingling.

Duty

An obligation placed on individuals because of the law.

Employee

An employee is an individual who works part-time or full-time under a contract of employment, whether oral or written, express or implied, and has recognized rights and duties.

Related Questions