P4-11B. LO 4-1,4-2, 4-3, 4-5 Kerry Palmer is reviewing benefits with you, the payroll accountant fom Silly Lemon Films. Based on the following benefits in which she is interested, classify them as pre-tax on post-tax deductions and if they are taxable or tax exempt for federal income tax. image K. Palmer Benefits Benefit Pre-Tax Post-Tax Taxable Tax Exempt Medical insurance FSA AFLAC Graduate School Tuition at $11,000 annually On-site meals

SWFT Comprehensive Volume 2019
42nd Edition
ISBN:9780357233306
Author:Maloney
Publisher:Maloney
Chapter21: Partnerships
Section: Chapter Questions
Problem 47P
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I U
m<市< 向品
V11
P4-11B. LO 4-1,4-2, 4-3, 4-5
Silly Lemon Films. Based on the following benefits in which she is interested, classify them as pre-tax or
post-tax deductions and if they are taxable or tax exempt for federal income tax. image
Kerry Palmer is reviewing benefits with you, the payroll accountant for
K. Palmer Benefits
Benefit
Pre-Tax
Post-Tax
Taxable
Tax Exempt
Medical insurance
FSA
AFLAC
Graduate School Tuition at
$11,000 annually
On-site meals
Transcribed Image Text:ANU Canvas ument94 Saved 2 Search (Alt + Q) Insert Layout References Review View Help O Editing Calibri (Body) A A B I U m<市< 向品 V11 P4-11B. LO 4-1,4-2, 4-3, 4-5 Silly Lemon Films. Based on the following benefits in which she is interested, classify them as pre-tax or post-tax deductions and if they are taxable or tax exempt for federal income tax. image Kerry Palmer is reviewing benefits with you, the payroll accountant for K. Palmer Benefits Benefit Pre-Tax Post-Tax Taxable Tax Exempt Medical insurance FSA AFLAC Graduate School Tuition at $11,000 annually On-site meals
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