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30-10-2018
Mathematics

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an employee had a federal taxable income of 57943. how much state tax is owed if the state rate is 3.15%?

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Аноним Аноним

30-10-2018

Answer:

Tax = $1,825.20 (rounded up to nearest one cent)

Step-by-step explanation:

Taxable income is $57,943

Tax rate is 3.15%

Tax = rate/100 × income

Tax = [tex]\frac{3.15}{100}[/tex] × 57943 = $1,825.20 (rounded up to nearest one cent)

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