Q-1
What is the amount of shared responsibility payment they must report on their 2017 income tax return? a. $1.944. b. $1,424 . c. $1,390. d. $1,068. Answer: d. Feedback: The . ANNUAL . payment is the greater of [$ 77,760 - $ 20, 8. 00] X .02. 5 = $ 1, 424 $ 6. 95 X 2 = $1,390. Since Wanda and Austin had coverage for . 3. months, they only owe the shared responsibility payment for . 9. months ... ................
................
In order to avoid copyright disputes, this page is only a partial summary.
To fulfill the demand for quickly locating and searching documents.
It is intelligent file search solution for home and business.