Louis files as a single taxpayer. In April of this year he received a $1,190 refund of state income taxes

Louis files as a single taxpayer. In April of this year he received a $1,190 refund of state income taxes that he paid last year. How much of the refund, if any, must Louis include in gross income under the following independent scenarios? Assume the standard deduction last year was $6,300 a. Last year Louis claimed itemized deductions of $6,370. Louis’s itemized deductions included state income taxes paid of $2,125. b. Last year Louis had itemized deductions of $4,710 and he chose to claim the standard deduction. Louis’s itemized deductions included state income taxes paid of $2,125. c. Last year Louis claimed itemized deductions of $7,870. Louis’s itemized deductions included state income taxes paid of $3,815.

Mike Samson is a college football coach making a base salary of $652,800 a year

Mike Samson is a college football coach making a base salary of $652,800 a year ($54,400 per month). Employers are required to withhold a 6.2% Social Security tax up to a maximum base amount and a 1.45% Medicare tax with no maximum. Assuming the FICA base amount is $118,500.

1. Compute how much will be withheld during the year for Coach Samson’s Social Security and Medicare..

2. What additional amount will the employer need to contribute towards FICA taxes?

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