Question and answer
Both Mr. Jones and Mrs. Green earned $50,000 gross in 2009. Yet, Mr. Jones owed IRS $600 on his tax return while the IRS owed Mrs. Green $600 on her tax return.
We need to consider Mr Jones's and Mrs Green's incomes come from. [ Do they have jobs? Employed by someone else? Or self-employed? Are they retired? Do they give money to charities? How many children do they have? these factors affect our tax return [wink] ]
Get an answer
Original conversation
User: Both Mr. Jones and Mrs. Green earned $50,000 gross in 2009. Yet, Mr. Jones owed IRS $600 on his tax return while the IRS owed Mrs. Green $600 on her tax return.

Weegy: We need to consider Mr Jones's and Mrs Green's incomes come from. [ Do they have jobs? Employed by someone else? Or self-employed? Are they retired? Do they give money to charities? How many children do they have? these factors affect our tax return [wink] ]
ephraimzRN|Points 2278|

User: Both Mr. Jones and Mrs. Green earned $50,000 gross in 2009. Yet, Mr. Jones owed IRS $600 on his tax return while the IRS owed Mrs. Green $600 on her tax return.

Weegy: We need to consider Mr Jones's and Mrs Green's incomes come from. [ Do they have jobs? Employed by someone else? Or self-employed? Are they retired? Do they give money to charities? How many children do they have? these factors affect our tax return [wink] ]
ephraimzRN|Points 2278|

User: What do you think were the possible reasons for the difference in the results? Explain.

User: What experiences (good or bad) have you (or someone you know) had with the IRS (or any other taxing authority)?

Weegy: Here are a few examples of IRS experiences: [ ] and [[ ]
Expert answered|plumpskin|Points 65|

Question
Asked 10/31/2013 10:20:46 PM
0 Answers/Comments
New answers
Rating

There are no new answers.

Comments

There are no comments.

Add an answer or comment
Log in or sign up first.
Questions asked by the same visitor
Provide an example of a sole proprietorship in your town or community. What might be some advantages to owning this business? What are some of the biggest challenges that the owner likely faces?
Weegy: An example would be freelance writers. Some advantages are the protection from liability and tax incentives. However, challenges are raising capitals and healthcare insurance (More)
Question
Expert Answered
Asked 11/2/2013 11:29:25 AM
0 Answers/Comments
Based on reading about the advantages and disadvantages of the various forms of business ownership, what do you think would be the best form to adopt for your business, and why?
Weegy: i think the best form to adopt the business is to choose you business structure when starting a business, one of the most important is the type of legal structure you select for your company. [ Not only will this decision have an impact on how much you pay in taxes, it will affect the amount of paperwork your business is required to do, the personal liability you face and your ability to raise money. ] (More)
Question
Expert Answered
Asked 11/2/2013 11:29:54 AM
0 Answers/Comments
23,918,277 questions answered
Popular Conversations
Which was not characteristic beat movement? beatniks Jack ...
Weegy: Individuality was not a characteristic of beat movement. User: Who labeled the idealistic youth of the ...
2/10/2016 5:37:37 AM| 2 Answers
For which of the following would not expect to pay an excise ...
Weegy: For firearms, a person is not expected to pay an excise tax. The answer is B. User: Which of the following is ...
2/10/2016 7:44:54 AM| 2 Answers
Which value is equivalent to 4.5% written as a decimal?
Weegy: .10
2/10/2016 8:59:01 AM| 2 Answers
also called the “Big Stick Policy”
2/10/2016 9:12:06 AM| 2 Answers
What is the reciprocal of 6/5? A. 1 B. 5/6 C. 1 1/5 D. 12/10
Weegy: What is the reciprocal of 6/5? 1
2/10/2016 9:24:14 AM| 2 Answers
evaluate 3^0
Weegy: 0! + 1! = 2 1 + 1 = 2 User: evaluate (4+3)^0
2/10/2016 10:39:41 AM| 2 Answers
Software refers to the physical parts of a computer. True False
Weegy: What is false? Do you have a question for Weegy?
2/10/2016 12:56:35 PM| 2 Answers
Weegy Stuff
S
Points 311 [Total 708] Ratings 0 Comments 311 Invitations 0 Offline
S
P
P
L
Points 235 [Total 1042] Ratings 0 Comments 235 Invitations 0 Offline
S
1
L
L
P
R
P
L
P
Points 120 [Total 11293] Ratings 0 Comments 120 Invitations 0 Offline
S
L
P
Points 46 [Total 2114] Ratings 0 Comments 46 Invitations 0 Offline
S
Points 27 [Total 311] Ratings 0 Comments 27 Invitations 0 Offline
S
Points 10 [Total 21] Ratings 1 Comments 0 Invitations 0 Offline
S
Points 4 [Total 904] Ratings 0 Comments 4 Invitations 0 Offline
S
Points 2 [Total 5] Ratings 0 Comments 2 Invitations 0 Offline
S
Points 2 [Total 2] Ratings 0 Comments 2 Invitations 0 Offline
S
Points 1 [Total 2] Ratings 0 Comments 1 Invitations 0 Offline
* Excludes moderators and previous
winners (Include)