what is the relationship between the amount of federal tax deducted from your paycheck and the number of dependents you claim on your W-4?

Answers

Answer 1

The relationship between the amount of federal tax deducted and the number of dependents is that the more dependents you have, the less federal tax you pay.

How do dependents affect income tax?

Claiming dependents on your W-4 means that you are claiming allowances, and the higher the number of allowances claimed, the lower the tax withheld from you.

The logic behind this is that if you have more dependents, you will need more of your income to take care of them.

Find out more on claiming allowances on taxes at https://brainly.com/question/6942700.

#SPJ1


Related Questions

In 2021, Robert takes four key clients and their spouses out to dinner at a local restaurant. Business discussions occurred over dinner. Expenses were $700 (drinks and dinner) and $140 (tips to servers). If Robert is self-employed, how much can he deduct for this event

Answers

The amount deductible by Robert for year 2021 against the meal and entertainment expenses will be 50% that is $420 from the total expense amount of $840.

What is business deductions?

The business deductions are the amounts those are allowed to be deducted while filling the income tax. There is certain criteria to deduct different expenses.

As per the IRS regulation, when the tax payer is self-employed then the amount that can be deducted against meal and entertainment can be 50% of the total expense.

Therefore, Robert can deduct only $420 from the taxable income.

Learn more about business deductions, here:

https://brainly.com/question/13870330

#SPJ1

_____ are not included as a payroll deduction.
a. charitable donations
b. federal taxes
c. insurance premiums
d. food expenses

Answers

Charitable donations are not included as a payroll deduction.

What are payroll deductions?

Payroll deductions is the money deducted from workers or employee salary.

The money is deducted to cover up for taxes and other duties.

Therefore, Charitable donations are not included as a payroll deduction

Learn more on payroll below

https://brainly.com/question/541599

#SPJ1

Answer: food expenses

Explanation:

just had that question

When you purchase the exact same office supplies you purchased in the previous quarter, you are making a

Answers

When you purchase the exact same office supplies you purchased in the previous quarter, you are making a straight rebuy.

What is a straight rebuy?

This is the type of purchase that a customer is known to buy that is in the same quantity and the same terms as the goods from the same supplier.

The perfect example of this is that people are known to visit the same coffee shop daily to make the same purchase.

Read more on a straight rebuy here:

https://brainly.com/question/8530057

#SPJ1

One of your customers has decided to commit $10,000 to fixed income. She is trying to decide if it makes more sense to invest in the bonds of a single corporate issuer or to buy an exchange-traded fund (ETF) tracking a corporate bond index. You could explain that the purchase of the ETF results in the greatest reduction of

Answers

"One of your customers has decided to commit $10,000 to fixed income..."You could explain that the purchase of the ETF results in the greatest reduction of liquidity risk. This is further explained below.

What is liquidity risk?

Generally, liquidity risk is simply defined as, to put it another way, liquidity risk is the possibility of experiencing losses as a consequence of not being able to make payments on time or doing so at an unaffordable price.

In conclusion, Fixed-income investments have been made by one of your clients for $10,000..." In other words, you might say buying the ETF lowers liquidity risk the most.

Read more about liquidity risk

https://brainly.com/question/921670

#SPJ1

Sam is carrying a balance on his credit card of $500. The credit limit on the card is $1,500. What is his utilization rate?

Answers

The utilization rate of Sam that carrying a balance on his credit card of $500, that having a limit of $1,500, is 33%.

What is credit card?

Credit card is a plastic card that is used for withdrawing the excess amount from the bank account. This card is generally issued by the banks to their customers.

Sam's credit card use rate is 33 percent because he has a $500 load on his card with a $1,500 limit.

Therefore, the utilization rate is 33%.

Learn more about the credit card, refer to:

https://brainly.com/question/27350251

#SPJ4

As director of a small art gallery, one of Frederica's major concerns is the preferences of the people who buy her artists' work. Frederica recognizes that the center of her marketing efforts is

Answers

Frederica's major concerns are the preferences of the people who buy her artists' work. So, he recognizes that the center of her marketing efforts is the customers.

What is market effort?

Market efforts is a measure of resources committed to the promotion of goods and services. It is a business strategy of  targeting  customers to stimulate demand for products  and also beat the threats of competitors. It is always directed towards the consumers, being the main source of revenue generation.

Market efforts must be effective to achieve its aim. To manage this, these steps must be observed, goals, audience, campaign tools, resources identification.

Learn more about market effort here,

https://brainly.com/question/9017955

#SPJ1

In the market for bottled water, fresh springs has a 30 percent share of the market, swiss springs has a 27 percent share, l'eau de france has a 13 percent share, and mountain water has a 10 percent share. the rest of the market consists of 20 firms with a 1 percent share of the market each. what is the value of the herfindahl-hirschman index

Answers

The value of the Herfindahl-Hirschman Index, calculated for the market for bottled water, is 2,298.

What is the Herfindahl–Hirschman Index?

The Herfindahl–Hirschman Index, HHI, is a commonly accepted measure of market concentration and competitiveness.

The HHI is calculated by squaring the market share of each competing firm and then summing the resulting numbers.

Data and Calculations:

Product           Market Share     Squared Market Share

Fresh springs         30%                    900(30% x 30%)

Swiss springs         27%                    729 (27% x 27%)

L'eau de France      13%                    169 (13% x 13%)

Mountain water      10%                    100 (10% x 10%)

Rest of market       20%                   400 (20% x 20%)

Sum of squared market share =    2,298

Thus, the value of the Herfindahl-Hirschman Index is 2,298, reflecting a low market concentration.

Learn more about the Herfindahl-Hirschman Index at Herfindahl-Hirschman Index at https://brainly.com/question/17180005

#SPJ1

Indicate where each item would appear on a statement of cash flows using the indirect method by placing an x in the appropriate column(s). (more than one column may be used.)

Answers

The individual items that are a part of the cash flow is mentioned in the attached image by indicating X.

Operating activities are the normal duties carried out by a firm to create and sell its products, earn revenue, as well as carry out general administrative and maintenance responsibilities. Some of a company's primary operating activities include production, sales, advertising, and marketing.

One of the primary types of net cash activities that firms report on the cash flow statement is investing activities. In accounting, the term "investing activities" refers to the acquisition and disposal of long-term assets as well as other corporate investments over a certain reporting period.

Financing activities relate to agreements made between a company and its owners and lenders to obtain or recoup resources. In other words, financial activities provide the business with funding, enable debt repayment, and profit for the owners. Financing activities include giving and receiving equity.

Thus, the items of cash flow which are included has been given in the attached image by indicating in which particular head it comes.

Learn more about Cash Flow, here:

https://brainly.com/question/30066211

#SPJ12

The above question seems incomplete, probable the complete question is given below.

Indicate where each item would appear on a statement of cash flows using the indirect method by placing an X in the appropriate column(s). (More than one column may be used.) Statement of Cash Flows Noncash Investing & Financing Activities Not Reported on Statement or In Notes Operating Activities Investing Activities Financing Activities a. Declared and paid a cash dividend b. Recorded depreciation expense c. Paid cash to settle long-term note payable d. Prepaid expenses increased in the year e. Accounts receivable decreased in the year f. Purchased land by issuing common stock 9. Inventory increased in the year h. Sold equipment for cash, yielding a loss i Accounts payable decreased in the year i Income taxes payable increased in the year

It is the end of the year and party supply stores have added the things needed for a fantastic New Years Eve party. According to the law of supply, what scenario would you expect to see with the party supply stores

Answers

The scenario that one would expect to see in the party supply stores is the supply of New Year's party supplies to have increased since November.

What is the supplies about?

In the case above, As sellers expect a lot of customers to buy party supplies the prices is said to still increase and so the suppliers are likely to increase their production rate.

The scenario that one would expect to see in the party supply stores is the supply of New Year's party supplies to have increased since November.

Learn more about supplies from

https://brainly.com/question/25843620

#SPJ1

Country A specializes in producing kiwis. Country B specializes in producing oranges. As a result, Country A can consume more kiwis and oranges than it could have if it had tried to grow kiwis oranges itself and had decided not to trade. This illustrates the concept of: Group of answer choices The gains of trade Absolute advantage Supply

Answers

This scenario better illustrates the concept of absolute advantage, as both countries are specialized in one product.

What is the absolute advantage?

It is an economic approach that helps to understand how a country's specialization in the production and sale of a product and service helps economic development, as there can be trade between countries with different specializations, generating funds obtained from the export of goods.

Therefore, absolute advantage helps countries to trade and develop economically.

Find out more about absolute advantage here:

https://brainly.com/question/9067127

#SPJ1

Which loan type allows you borrow up to the cost of attendance, minus other aid you have received?.

Answers

A subsidized loan is such a loan where the borrower is allowed to borrow up to the cost of attendance less any other aids received.

What is a subsidized loan?

A type of education or student loan where the amount to be borrowed is determined as per the cost of the student's attendance, which is subtracted from other financial benefits received in this regard, is known as a subsidized loan.

Hence, subsidized loan is explained as above.

Learn more about subsidized loans here:

https://brainly.com/question/2256061

#SPJ1

1. after watching the big short, do you have a clearer understanding of the wall street collapse of 2008? does the movie do a good job, or a poor one, of explaining the arcane financial devices and the ins and outs of the bond markets? did you find it interesting? or were you bored to tears?

Answers

Yes the movie big short gave a good explanation of the financial instruments that led to the wall street collapse in the year 2008.

How the movie relates to the happenings that led to the collapse of the wall street.

The writer of this movie helped to tell the story of what happened in the year 2008. He focused on the people that were behind the crash.

He used good celebrities to keep the attention of the viewer on the happenings and helped to show in good perspective all that happened.


Read more on the wall street crash here:

https://brainly.com/question/813964

#SPJ1

Over the past year, you earned a nominal rate of interest of 8% on your money. The inflation rate was 3.5% over the same period. The exact actual growth rate of your purchasing power was A) 15.55%. B) 4.35%. C) 5.02%. D) 4.81%. E) 15.04%.

Answers

Answer:

a

Explanation:

it worked for me so hope it work

According to the Census Bureau, in October 2016, the average house price in the United States was $28,358. 5 years earlier, the average price was $20,908. What was the annual increase in the price of the average house sold

Answers

28,358 - 20908 = 7450
7450 divided by 5 = 1490
The annual increase was 1490 per year

A strategy of spreading investments among different industry sectors is
called
A. regulation
B. savings
C. growth
D. diversification

Answers

Answer:

diversification

Explanation:

because it is a technique that reduce risk by allocating investments across various industries

S. Bouchard and Company hired you as a consultant to help estimate its cost of capital. You have obtained the following data: D0 = $0.85; P0 = $22.00; and g = 6.00% (constant). The CEO thinks, however, that the stock price is temporarily depressed, and that it will soon rise to $40.00. Based on the DCF approach, by how much would the cost of equity from retained earnings change if the stock price changes as the CEO expects? Group of answer choices -1.49% -1.66% -1.84% -2.03% -2.23%

Answers

Based on the change in the stock price, the change in the cost of equity to S. Bouchard and Company would be -1.84%.

How would the Cost of Equity change?

The original cost of equity is:

22 = (0.85 x 1.06) / (cost of equity - 6%)

Cost of equity + 6% = 0.901 / 22

Cost of equity = 0.901 / 22  + 6%

= 10.1%

The new cost of equity:

Cost of equity = (0.85 x 1.06) / 40 + 6%

= 8.25%

The change is:

= 8.25 - 10.1

= -1.84%

Find out more of cost of equity at https://brainly.com/question/14041475.

#SPJ1

When delegating a task, it is important to _______. a. give away the most difficult things on your task list b. go over everything quickly and return to your own work c. keep the responsibility for getting the tasks done d. report everything that is expected of the person please select the best answer from the choices provided a b c d

Answers

Delegating a task works better when we d. report everything that is expected of the person.

What makes delegation work?

Delegation is very effective because it divides tasks and reduces the time taken for those tasks to be done because multiple people would be doing it.

For it to work, however, the people who have been delegated to, need to understand exactly what it is they are meant to do.

Find out more on delegating duties at https://brainly.com/question/4617536.

#SPJ1

The vatican’s swiss guard wears a uniform inspired by which famous renaissance painter?.

Answers

The Vatican's swiss guard wears a uniform inspired by famous renaissance painter Raphael.

Who is the Swiss guard?

Since 1506, the Swiss Guard has provided protection to the Pope and his home, and this has not been modified. These men also share a desire to learn more about the most recent developments and practices in personal security, as well as a sense of discovery on the international stage.

Raphael (1483-1520 CE) was a painter and architect from Italian background who is considered one of the greatest Renaissance artists. Raphael produced a large body of work in the medium of oil painting, including a large number of masterpieces.

Learn more about the swiss guards, here:

https://brainly.com/question/22952265

#SPJ1

Managers practice the art of getting things done using organizational resources such as: Multiple select question. information workers customers equipment

Answers

The managers get things done by using organizational resources such as: such as:

equipmentworkersinformation

What is an art of getting things done?

These involves the act of directing, organizing, coordination and guiding the organizational processes to achieve organizational goals.

Therefore, the Option A, B, D is correct.

Read more about organizational resources

brainly.com/question/15075305

#SPJ1

find the average rate of change for the following and write a description about it

Answers

In order to find the rate of change of a function between two points, you should use the formula, ( f (b) - f (a) ) / (b - a).

How do you find the rate of change?

Using the formula;

= ( f (b) - f (a) ) / (b - a)

Where

b would be the second value of x and a would be the first value of x.

For instance, if you were to find the average rate of change in function:

y = 4x³ - 5x² + 1 in between x = -3 and x = 1.

The average rate of change would be:

= ( 4 (1)³ - 5(1)² + 1) - (4 (-3)³ - 5(-3)² + 1) / (1 - (3))

= 152 / 4

= 38

Find out more on the average rate of change of functions at https://brainly.com/question/7448057.

#SPJ1

Question 3 of 20
Which statement describes why you should start retirement planning early?
A. Your income will increase, while your expenses will decrease.
O B. Your income will decrease, while your expenses will increase.
O C. Your income will decrease, while your expenses will stay the
same.
O D. Your income will increase, while your expenses will stay the same.
SUBMIT.

Answers

Answer:

B) Your income will decrease, while your expenses will increase

Explanation:

You should start retirement planning early, because as you grow up you may become less skilled or not be able to perform heavy work. As you get older expenses will increase for various reasons, inflation, which will make goods more expensive, forcing you to spend more and also medical bills,  treatments, therapies, check-ups or preventive studies, can make you spend more in an older age.

Suppose there is a decrease in the U.S. selling price of Japanese-made cars (a substitute for American-made cars). At the same time, the price of steel, used to make American-made cars decreases. What would we expect would happen in the market for American-made cars

Answers

If the price of the steel used to produce steel falls, it would cause the price of American cars to fall.

How does the price of resources affect demand?

The price of a resource used in the production of goods can have a huge effect on the price.

If the price of steel is high, it would make the price of cars to be on the increase hence reducing the demand for the product in the market.

Read more on demand here:

https://brainly.com/question/1288364

#SPJ1

How much will silver be worth if the dollar collapses?.

Answers

Answer:

That is because the U.S. dollar would essentially be worthless if it were to collapse in value. In a sense, the price of silver would be infinite if measured in terms of the U.S. dollar!

Elizabeth works for a local restaurant at the end of her shift she is required to write in the time that you arrive in the time she is leaving so that she can be paid appropriately today Elizabeth was 15 minutes late for work what would be the most ethical thing for Elizabeth to do

Answers

Answer:

Elizabeth would have to write the time she came in. If she lies, she's indirectly robbing the restaurant of it's money.

Explanation:

Economics is the study of how individuals and societies allocate.

Answers

The field of Economics allows us to study how individuals and societies are able to allocate resources.

What is economics?

Economics is a field that studies the allocation of resources by a society to ensure that the needs of the society are met.

The reason the allocation of resources needs to be studied is because they are scarce and so have to be allocated with opportunity cost in mind.

Find out more on opportunity cost at https://brainly.com/question/1549591.

#SPJ1

How should a company adopt a data-driven culture that will stick?.

Answers

All data operations should be centralised inside a single, specialised data team. Offload data analytics to a vendor with a lot of experience. To transform the way the organization thinks about data, use change management.

What is the percentage of people living in poverty in paraguay? 1% 45% 15% 32%

Answers

The most recent figures show that the percentage of people who live in poverty in Paraguay is 15%.

How many people live in poverty in Paraguay?

Paraguay has had its fair share of problems since it gained independence which has led to about 15% of its population living in poverty.

Current figures however show that there are less people living in poverty than the year before which points to economic growth.

Find out more on poverty rates at https://brainly.com/question/13095187.

#SPJ4

Answer:c

Explanation: edge 2022

A __________ offers a huge selection of one type of product (such as books, toys, or sporting goods) to dominate that category of goods.

Answers

shopping outlet or a shopping complex

How might international trade impact the labor demand curve and wages. Group of answer choices Workers in industries impacted by imported products will see the demand curve shift left and wages decrease. Workers in industries that export products will see the demand curve shift right and wages increase. Workers in industries that export products will see the demand curve shift left and wages decrease. Workers in industries impacted by imported products will see the demand curve shift right and wages decrease.

Answers

International trade impact the labor demand curve and wages as D. Workers in industries impacted by imported products will see the demand curve shift right and wages decrease.

What is an international trade?

It should be noted that international trade simply means a trade that takes place with another country outside ones border.

In this case, international trade impact the labor demand curve and wages as the workers in industries impacted by imported products will see the demand curve shift right and wages decrease.

Learn more about international trade on:

brainly.com/question/15115779

#SPJ1

A customer has a margin account that shows a market value of $190,000 and a debit balance of $90,000. in addition, the account has special memorandum account of $5,000. the long market value at maintenance is

Answers

A maintenance margin is a minimum equity an investor ought to preserve withinside the margin account after the acquisition has been made. Hence,  the long market value at maintenance in this case is $120,000.

What do you mean by long market value?

Long market value at maintenance refers to the point where an account must fall (in market value) to reach minimum maintenance (25% of market value). ;

The maintenance margin is far presently set at 25% of the full value of the securities in a margin account as in step with Financial Industry Regulatory Authority (FINRA) requirements.

To calculate the long market value at maintenance,  divide the debit balance by .75 ($90,000 / .75 = $120,000)

Hence,  the long market value at maintenance is $120,000.

Learn more about long market value at maintenance:

https://brainly.com/question/15057471

#SPJ1

Other Questions
(Will give 15 points)Solve the system of linear equations by substitution. x + y = 7 and 7x + y = 1 Question 5 ? Question What does the x-intercept of this relationship represent? O the initial amount of plant food the length of time it takes for Ryan to use all the plant food O the amount of plant food used each day O the length of time it takes for the height of the plant to reach 72 centimeters Hailey created her own cleaning service and uses the equation t = 20n + 15 to represent her total earnings, t, for each job. If she earned a total of $80, how many hours, n, did she work? Which organelle accurately completed the chart What are the coordinates of the point on the directed line segment from (1,6) to (8,-3) that partitions the segment into a ratio of 1 to 2? Which president desegregated the American military after World War II?A. John F. KennedyB. Harry S. TrumanC. Dwight D. EisenhowerD. Richard M. Nixon Which of the following is used only in non-Euclidean geometry? A. triangle B. circle C. great circle D. line Find the sales tax. Total selling price: $2,520. Florida sales tax rate: 6 percent. Gainesville sales tax rate: 1 percent. Find the state tax city and city tax. Two blocks are on a horizontal frictionless surface. Block a is moving with an initial velocity Record the letters in your triangle from left to right Tyler, a self-employed taxpayer, travels from Denver to Miami primarily on business. He spends five days conducting business and two days sightseeing. His expenses are $400 (airfare), $150 per day (meals at local restaurants), and $300 per night (lodging). If required, round your answers to the nearest dollar. What are Tyler's deductible expenses in the below year: 2023 $fill in the blank 1 2022 $fill in the blank 2 Describe What Anime Is (In 2 or 3 sentences)Pls dont copy and paste from G00gI3 2. Infer how hydrostatic equilibrium in a star is determined by mass- Imagine that horn color in Hodags (folkloric creatures of Wisconsin) is controlled by a single gene so that when you mate a Hodag homozygous for bright orange horns (COCO) with a Hodag homozygous for ivory horns (CICI), numerous offspring are produced, all with pale orange horns. Now consider that you cross a pale orange-horned Hodag with a pale orange-horned Hodag and get an F2. What would the outcome of the F2 generation be *I NEED HELP ASAP* how does society influence individuals? (explain) I'll mark you brainliest! Make a demand schedule for your favorite dessert for one month. (graph style) Help will give brainly! :) The volume of a brick 3 inches wide, 8 inches long, and 4 inches tall is: 15 square inches 36 square inches 44 square inches 96 square inches Which statement about free on-line translation is true?A: You are allowed to use free on-line transition software at your discretionB: You are only allowed to use free on-line translation software if it is for a short, simple projectC: Bon Secours Mercy Health's policy is to never use free on-line translation software Which is a revision strategy to evaluate the strength of paragraphs?interrogating paragraphsanalyzing organization of paragraphscircling supporting evidence in paragraphs