Hr Block Income Tax Course 1-6 Exam Questions And Answers

Community property based on Spanish Civil law {Ans: income received for services performed is considered to belong half to the spouse and half to the other spouse.}Medicare tax rate {Ans: 1.45% or 1.45% + 0.9% if the income is over 200,000}Gross Income {Ans: Total worldwide income subject to tax}Three factors determine the filing requirements for nindependents {Ans: Filing status, age, gross income}Form 1099- G {Ans: Form for unemployment compensation}social Security tax withheld {Ans: 6.2% up to 118,500 or 7347.00}