This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: An employee had federal taxable income of 57,984 last year. How much state income tax is owed if the ... (Read 113 times)

jayhills49

  • Hero Member
  • *****
  • Posts: 559
on: Jun 24, 2018
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
Reply #1 on: Jun 24, 2018
Answer to Question 1

1,594.56

Answer to Question 2

26,250


jayhills49

  • Member
  • Posts: 559
Reply 2 on: Jun 24, 2018
Wow, this really help

EAN94

  • Member
  • Posts: 307
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Long-term mental and physical effects from substance abuse include: paranoia, psychosis, immune deficiencies, and organ damage.

Did you know?

Though “Krazy Glue” or “Super Glue” has the ability to seal small wounds, it is not recommended for this purpose since it contains many substances that should not enter the body through the skin, and may be harmful.

Did you know?

More than 2,500 barbiturates have been synthesized. At the height of their popularity, about 50 were marketed for human use.

Did you know?

Signs of depression include feeling sad most of the time for 2 weeks or longer; loss of interest in things normally enjoyed; lack of energy; sleep and appetite disturbances; weight changes; feelings of hopelessness, helplessness, or worthlessness; an inability to make decisions; and thoughts of death and suicide.

Did you know?

Persons who overdose with cardiac glycosides have a better chance of overall survival if they can survive the first 24 hours after the overdose.

Bone marrow transplant. A bone marrow transplant is usually extracted from red bone marrow within a Bone marrow transplant. A bone marrow transplant is usually extracted from red bone marrow within a
Example of an employee performance evaluation form Cont Example of an employee performance evaluation form Cont
Percentage of Americans Living in Communities with a Fluoridated Water Supply, by State. 2012 Percentage of Americans Living in Communities with a Fluoridated Water Supply, by State. 2012
Income per Capita versus Income of the Bottom Quintile Income per Capita versus Income of the Bottom Quintile
State the equations State the equations
Conversion of F+ to an Hfr state occurs by integration of the F factor Conversion of F+ to an Hfr state occurs by integration of the F factor
Video: Rh blood type and complications during pregnancy & Fertilization

For a complete list of videos, visit our video library