TAX QUESTIONS! please help me! 10 pnts!!!?
Which one of the following cannot be used as an itemized deduction? a. Unreimbursed job travel expenses b. Tax preparation fees c. Social security taxes withheld d. Charitable contributions and.. The income tax that should have been paid during the year, either through withholdings or estimated payments, is based on: a. adjusted gross income. b. total itemized deductions. c. filing status. e. taxable income.
Public Comments
- C & E
- Question 1 c -- since soc sec tax is withheld it is not considered an deduction, it is a reduction $ for $ in your taxable base, you get a tax credit for the taxes paid. Question 2 c -- the W4 that you fill out with your employer with the number of exemptions you claim is what your tax base is figured on during the year.
