father beats receive 55,000 in Ministry with orange 38 V 500 salary of ministry Services 2750 and Performing weddings in 13750 excluded personal allowance he incurred 7000 of unreimbursed expenses connected with his ministry earnings 5500 related to his Minister salary and 1500 related to weddings performed as self-employment how much of these expenses are deductible when figuring net income for income tax allocation to exclude personage alone
Which of the following is not an acceptable method of determining the required annual payment of federal income tax for corporations? A) 100 percent of the prior year's tax liability (with a few exceptions) B) 100 percent of the current year's tax liability C) 100 percent of the estimated current year tax liability using the annualized income method D) All of the choices are acceptable methods of determining the required annual payment of federal income tax for corporations. Explain. Explain.
Comments
Post a Comment