This topic contains a solution. Click here to go to the answer

Author Question: An employee had federal taxable income of 57,984 last year. How much state income tax is owed if the ... (Read 130 times)

jayhills49

  • Hero Member
  • *****
  • Posts: 559
An employee had federal taxable income of 57,984 last year. How much state income tax is owed if the state income tax rate is 2.75?

Question 2

Pedro earned gross income of 35,200 last year. If he took the standard deduction of 5,450 and one exemption for 3,500, what was his taxable income for the year?



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

huda

  • Sr. Member
  • ****
  • Posts: 304
Answer to Question 1

1,594.56

Answer to Question 2

26,250




jayhills49

  • Member
  • Posts: 559
Reply 2 on: Jun 24, 2018
Gracias!


alexanderhamilton

  • Member
  • Posts: 334
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

People with high total cholesterol have about two times the risk for heart disease as people with ideal levels.

Did you know?

Medications that are definitely not safe to take when breastfeeding include radioactive drugs, antimetabolites, some cancer (chemotherapy) agents, bromocriptine, ergotamine, methotrexate, and cyclosporine.

Did you know?

The familiar sounds of your heart are made by the heart's valves as they open and close.

Did you know?

In inpatient settings, adverse drug events account for an estimated one in three of all hospital adverse events. They affect approximately 2 million hospital stays every year, and prolong hospital stays by between one and five days.

Did you know?

Patients who have been on total parenteral nutrition for more than a few days may need to have foods gradually reintroduced to give the digestive tract time to start working again.

For a complete list of videos, visit our video library