[jeff]

Free Study Planner, Notes, Audio, Flashcards: https://www.another71.com/cpa-exam-study-plan/

Free CPA Exam Survival Guide: https://www.another71.com/cpa-exam-survival-guide/

Jeff Elliott, CPA (KS) | Another71 | NINJA CPA | NINJA CMA | NINJA CPE

[MommyBear]

I think it is A. I have to go pick up my kids now. I'll be back on later. Thank you guys so much! This helped!

[WANNABE_CPA]

are you guys there still?

FAR : 68, 74, 83 Thank you God 🙂
BEC : 78 (8/27) 🙂
REG : 72 ,80 (2/25) 🙂
AUD : 69,67, 07/23

[taxman89]

answer was A….

Aud-75 3x I knew i never liked you
Bec-77 1x being in the bubble is stressful
Reg-82 4x its not me its you...and no we cant be friends
Far-78 1x easiest section

[Anonymous]

Taxman – answer C.

Over $1,000 total wages in a quarter

I believe it is the unemployment that is at the request of the employee…unless I have the two reversed.

[taxman89]

its stuff like that one that i am afraid of on text day because there is no way to memorize every single odd amount and phaseout lol

Aud-75 3x I knew i never liked you
Bec-77 1x being in the bubble is stressful
Reg-82 4x its not me its you...and no we cant be friends
Far-78 1x easiest section

[taxman89]

its stuff like that one that i am afraid of on text day because there is no way to memorize every single odd amount and phaseout lol

Aud-75 3x I knew i never liked you
Bec-77 1x being in the bubble is stressful
Reg-82 4x its not me its you...and no we cant be friends
Far-78 1x easiest section

[Anonymous]

Ah thanks…I got the limitation wrong.

[taxman89]

Wages paid for domestic services are subject to Social Security and Medicare taxes if they exceed $1,800 in a calendar year to one employee. Only those employees whose wages exceed $1,800 for the year are subject. For calendar years after 1995, the dollar threshold of $1,000 is indexed for inflation.

Aud-75 3x I knew i never liked you
Bec-77 1x being in the bubble is stressful
Reg-82 4x its not me its you...and no we cant be friends
Far-78 1x easiest section

[Anonymous]

I agree, the phaseouts especially kill me…I had a limitation on a SIM that I knew the 2013 but not the 2014.

[Anonymous]

Thanks Taxman!

[taxman89]

i think its C if its not domestic services isnt it?…..i thought that was what i remembered but really dont have a clue lol

Aud-75 3x I knew i never liked you
Bec-77 1x being in the bubble is stressful
Reg-82 4x its not me its you...and no we cant be friends
Far-78 1x easiest section

[Anonymous]

Wanted to offer a correction to something I said so I don't mess people up:

“You do not need to withhold federal income tax from

your household employee's wages. But if your employee

asks you to withhold it, you can.”

[Anonymous]

From the IRS:

Pay total cash wages of $1,000 or more in any

calendar quarter of 2013 or 2014 to household

employees.

Pay federal unemployment tax.

Because we don't have enough limits to remember. 🙂

[taxman89]

i hate this test so so much

Aud-75 3x I knew i never liked you
Bec-77 1x being in the bubble is stressful
Reg-82 4x its not me its you...and no we cant be friends
Far-78 1x easiest section

[taxman89]

An executor of a decedent’s estate that has only U.S. citizens as beneficiaries is required to file a fiduciary income tax return, if the estate’s gross income for the year is at least:

A.

$400.

B.

$500.

C.

$600.

D.

$1000.

Aud-75 3x I knew i never liked you
Bec-77 1x being in the bubble is stressful
Reg-82 4x its not me its you...and no we cant be friends
Far-78 1x easiest section

[Author]

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