Simpson, age 45, is a single individual who is employed full-time by Duff Corporation. This year Simpson reports AGI of $55,200 and has incurred the following medical expenses: Dentist charges Physician charges Optical charges Cost of eyeglasses Hospital charges Prescription drugs Over-the-counter drugs Medical insurance premiums (not through an exchange) $ 1,480 2,660 800 690 4,400 550 530 1,235

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Rick Portnoy's filing status is head of household, and he has earned gross pay of $1,300. Each period he contributes $40 to a flexible spending plan. His current year taxable earnings for Medicare tax, to date, are $206,100. Total Medicare Tax = $

Required information [The following information applies to the questions displayed below.] Simpson, age 45, is a single individual who is employed full time by Duff Corporation. This year Simpson reports AGI of $62,000 and has incurred the following medical expenses: Dentist charges Physician charges Optical charges Cost of eyeglasses Hospital charges Prescription drugs Over-the-counter drugs Medical insurance premiums (not through an exchange) $ 1,630 2,780 505 580 Medical expenses 2,800 635 710 985 a. Calculate the amount of medical expenses that will be included with Simpson's itemized deductions after any applicable limitations.

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Required information [The following information applies to the questions displayed below.] Simpson, age 45, is a single individual who is employed full time by Duff Corporation. This year Simpson reports AGI of $52,000 and has incurred the following medical expenses: Dentist charges Physician charges. Optical charges Cost of eyeglasses Hospital charges. Prescription drugs. Over-the-counter drugs Medical insurance premiums (not through an exchange) $1,740 2,190 Medical expenses 515 495 3,600 285 860 1,220 b. Suppose that Simpson was reimbursed for $250 of the physician's charges and $1,200 for the hospital costs. Calculate the amount of medical expenses that will be included with Simpson's itemized deductions after any applicable limitations.

Shiloh is an employee at Jankoski Cycles and earns an annual salary of $37,765, paid semimonthly. Shiloh contributes to the following fringe benefits and other deductions: Medical insurance: $220 per pay period Dental insurance: $15 per pay period 401(k): 6 percent of gross pay • Additional withholding: $125 per month Required: What is the total annual amount of Shiloh's fringe benefits and other deductions? Note: Round your answers to 2 decimal places. Fringe benefits Medical insurance Dental insurance 401(k) Additional withholding Total annual amount of Shiloh's fringe benefits and other deductions Amount

Simpson, age 45, is a single individual who is employed full time by Duff Corporation. This year Simpson reports AGI of $55,000 and has incurred the following medical expenses: Dentist charges Physician charges Optical charges Cost of eyeglasses Hospital charges Prescription drugs Over-the-counter drugs Medical insurance premiums (not through an exchange). $ 1,370 2,630 655 345 4,150 685 725 1,260 b. Suppose that Simpson was reimbursed for $300 of the physician's charges and $3,250 for the hospital costs. Calculate the amount of medical expenses that will be included with Simpson's itemized deductions after any applicable limitations. Medical expenses

Hank earns​ $18.50 per hour with timeandahalf for hours in excess of 40 per week. He worked 44 hours at his job during the first week of​ March, 2024. Hank pays income taxes at​ 15% and​ 7.65% for OASDI and Medicare. All of his income is taxable under FICA. Determine​ Hank's net pay for the week.​ (Do not round any intermediate​ calculations, and round your final answer to the nearest​ cent.)

Simpson, age 45, is a single individual who is employed full-time by Duff Corporation. This year Simpson reports AGI of $61,600 and has incurred the following medical expenses:       Dentist charges $ 1,560 Physician charges   1,980 Optical charges   815 Cost of eyeglasses   430 Hospital charges   4,200 Prescription drugs   610 Over-the-counter drugs   720 Medical insurance premiums (not through an exchange)   985   a. Calculate the amount of medical expenses that will be included with Simpson's itemized deductions after any applicable limitations.   b. Suppose that Simpson was reimbursed for $250 of the physician's charges and $1,200 for the hospital costs. Calculate the amount of medical expenses that will be included with Simpson's itemized deductions after any applicable limitations.