Question

Shirley is a member of a religious order . She has not taken a vow of...

Shirley is a member of a religious order . She has not taken a vow of poverty and does not have an approved exemption from the IRS Her earnings for qualified services are.

Homework Answers

Answer #1

ANSWER:

Her pay envelope for authorized army are Subject to FICA taxes.She has not taken a vow of poverty and does not have an approved exemption from the IRS

Reason :-

Under IRS journal 517 public self-assurance And Other in rank For Members Of The Clergy & devout people :-

Members of a dutiful command who comprise full a declaration of poverty. These persons are typically roofed under FICA if the command has nominated for FICA coverage, and the party worked outside of the requisition but was not compulsory to see to so. These ministerial pay packet are exempt under SECA.

NOTE:IF U LIKE MY ANS PLEASE GIVE AN UPVOTE THANK U

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Alice works in a women’s refuge. She has strong religious beliefs and is a supporter of...
Alice works in a women’s refuge. She has strong religious beliefs and is a supporter of the right to life movement. Imogen has been living at the refuge and is 10 weeks pregnant. She has decided that she wants a termination. Alice has been asked by her manager to accompany Imogen to an appointment at a women’s health centre to discuss her options. The refuge has a policy that supports self-determination and empowerment, and uses person-centred approaches to service provision....
Patricia is a 25% owner and an active member in the PBK LLC, which operates a...
Patricia is a 25% owner and an active member in the PBK LLC, which operates a "qualified trade or business" for purposes of the deduction under § 199A. Patricia's distributive share of "qualified income" from the LLC is $250,000 for the year (the LLC's income is $1,000,000). Her share of the LLC's W-2 wages is $40,000, plus she received a guaranteed payment for services of $30,000. Her share of the LLC's "unadjusted basis immediately after acquisition of qualified property" is...
Create a journal entry with likely account names from a typical nonprofit organization's chart of accounts...
Create a journal entry with likely account names from a typical nonprofit organization's chart of accounts and the dollar amounts to be debited and credited. If no journal entry is required, please indicate so. 1. A wealthy citizen gave $175,000 to a local not-for-profit organization (NFP) with the restriction that only it could be spent at the discretion of the officers of the NFP but not until next year.    2. A nurse anestheticist from a religious order that has...
Meredith is a passive 30% member of the MNO LLC. She is not a managing member...
Meredith is a passive 30% member of the MNO LLC. She is not a managing member and she does not participate in any activities of the LLC. Her interest is more in the nature of an investment. In the current year, Meredith's distributive share of income from the LLC was $50,000. In addition, she received a guaranteed payment of $40,000 for the use of her capital. Assume that her income from other sources exceeds $500,000. How much of Meredith's LLC...
Dr. Shue is a faculty member in a doctoral psychology program. She is sitting in the...
Dr. Shue is a faculty member in a doctoral psychology program. She is sitting in the faculty-student lounge and overhears two graduate students making derogatory, heterosexist comments about another student in the program. Support your discussion with relevant General Principles and Ethical Standards. Does she have a professional obligation to intervene in the students’ “private” discussion? Are there ethical reasons she should not intervene? Should she discuss her observations with another faculty?
Tammy, a single taxpayer, has a part-time job at BigCo, a company in which she has...
Tammy, a single taxpayer, has a part-time job at BigCo, a company in which she has no ownership interest. In addition, she owns and operates LittleCo, a sole proprietorship that is a qualified trade or business. Tammy is paid wages of $40,000 by BigCo, and reports $100,000 in qualified business income from LittleCo. She has no other items of income or loss and $25,000 of itemized deductions. What is her qualified business income deduction?
Patricia has just taken over a line of organic socks for her company. She looks at...
Patricia has just taken over a line of organic socks for her company. She looks at the company records and sees sales have peaked, profit margins are declining, and there are many new competitors in that category. Which stage of the product life cycle are her socks in? Explain your answer.
Sarah is an accountant at a well-known accounting firm. She is also a member of a...
Sarah is an accountant at a well-known accounting firm. She is also a member of a social club wherein members frequently dress like their favorite Marvel superhero. A photo of Sarah dressed as "Captain Marvel" was published in a local paper. Her boss at the accounting firm, Elaine, saw the photo and became enraged, believing that it negatively impacted the professional reputation of the firm. Elaine intends to fire Sarah. Does Sarah have any legal recourse against this firing? Why...
3. Mrs. W's husband died in Year 1. She has not remarried and has maintained a...
3. Mrs. W's husband died in Year 1. She has not remarried and has maintained a home for herself and her dependent son, whose personal exemption she can claim. In the summer of Year 3, the son was killed in an automobile accident. What is Mrs. W's filing status for Year 3? Explain your answer legally (sec from IRC)
This is a theoretical case taken from VHA Intensive Ethics Advisory Committee Training, 1998, as presented...
This is a theoretical case taken from VHA Intensive Ethics Advisory Committee Training, 1998, as presented by Arthur R. Derse MD, JD. An 87-year-old woman widowed for six years, who is otherwise healthy, was visiting another city and abruptly became ill. She was seen in the emergency department of the local VA and admitted to the on-call physician. The on-call physician (who has not previously seen her) made the diagnosis of bowel obstruction arid made arrangements for a surgeon to...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT