FL 1s Perf Final Exam REVIEW

Dawn Snow's address is 34509 Clemmons Court in Fairview, Georgia, 30001.
Which of the following addresses is formatted correctly?

• Dawn Snow
  34509 Clemmons Court
  Fairview Georgia, 30001
• Dawn Snow 
  34509 Clemmons Court
  Fairview, Georgia 30001
• Dawn Snow 
  Clemmons Court 34509 
  Fairview, Georgia 30001
• Dawn Snow 
  3459 Clemmons Court
  Georgia, Fairview 30001

Joseph and Mary Jones are filing a joint return with two dependent children.
What is their tax filing status?

• Single
• Married filing joint
• Married filing separate
• Head of household

Mary's Form W2 salary is $50,000. She paid 6% state tax.

What is the dollar amount of her state tax?

• $6

• $300

• $3,000

• $30,000

Mary's salary is $50,000, She paid 6% state tax.

What amount goes on the Form W2, Box 1-Wages, tips, other compensation?

• $3,000

• $47,000

• $50,000

• $53,000

Anna's salary is $865 month and she has a weekly period.

How much does she make each week?

• $72.08

• $216.25

• $432.50

• $865.00

Walter worked 52 hours this week. His hourly rate is $7.75.

What is Walter's gross pay this week?

• $310.00

• $373.06

• $403.00

• $449.50

Peter worked 40 hours at $10.75 an hour.

What is Peter's gross pay?

• $310

• $400

• $430

• $460

Karen is single, earns $55,000 a year, and has three children. Line G (Child Tax Credit) on her Form W4 reads as follows:

"If your total income will be less than $65,000 ($95,000 if married), enter “2” for each eligible child; then less “1” if you have three to six eligible children or less “2” if you have seven or more eligible children."

What should Karen write on Line G of her Form W4?

• 4

• 5

• 6

• 7

Paul is married, has $90,000 in joint income, and has 2 children. Line G on his Form W4 reads as follows:

"If your total income will be less than $65,000 ($95,000 if married), enter “2” for each eligible child; then less “1” if you have three to six eligible children or less “2” if you have seven or more eligible children."

What should Paul write on Line G of his Form W4?

• 2

• 3

• 4

• 5

Wanda earned a salary of $64,000 and her husband earned $30,000. The couple earned $1,100 in interest on a CD.

What dollar amount goes on the 1040, Line 1 - Wages, salaries, and tips?

• $30,000

• $92,900

• $94,000

• $95,100