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Complete the formula to find the tax withheld. Gross Pay $7,000 78,000 32,000 12,500 135,000 64,550 5. 6. 7. 8. 9. 10. 1 - - F 11 - Exemptions Taxable Wage x Tax Rate $4,000 = a. $ 2% 6,000 6.25 8,000 5 2,000 3.5 2,000 6,000 11 = 11 = a. a. N a. a. a X X XX x b. xb. Tax Withheld b. $ b. b. = b. = N = = IN $4,655.00 $3,586.19

Complete the formula to find the tax withheld. Gross Pay $7,000 78,000 32,000 12,500 135,000 64,550 5. 6. 7. 8. 9. 10. 1 - - F 11 - Exemptions Taxable Wage x Tax Rate $4,000 = a. $ 2% 6,000 6.25 8,000 5 2,000 3.5 2,000 6,000 11 = 11 = a. a. N a. a. a X X XX x b. xb. Tax Withheld b. $ b. b. = b. = N = = IN $4,655.00 $3,586.19

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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sme genuity for stude Co to maneu anu Crams dependents. The state income tax rate is 4%. If her employer withholds $3,040 for state income tax annually, find her annual salary. 4. Anton Louis is a junior partner in an accounting firm. He is single and has an annual salary of $63,400. If the state income tax rate is 4.5% and his company withholds $2,493 annually for state income tax, how many exemptions does Anton claim? Each exemption is $2,000. 5. 6. 7. 8. 9. 10. mon Core ELA... Lesson Practice Complete the formula to find the tax withheld. Gross Pay Taxable Wage X Tax Rate $ 7,000 a. $ X 2% 78,000 X 6.25 32,000 X 5 12,500 X 3.5 135,000 x b. 64,550 X b. = Exemptions $4,000 6,000 8,000 2,000 2,000 6,000 T = a. = a. |||| a. a. a. Tax Withheld = b. $ b. = b. b. H $4,655.00 $3,586.19 Lesson 2.2 State Income Tax 133 Sign out
Transcribed Image Text:sme genuity for stude Co to maneu anu Crams dependents. The state income tax rate is 4%. If her employer withholds $3,040 for state income tax annually, find her annual salary. 4. Anton Louis is a junior partner in an accounting firm. He is single and has an annual salary of $63,400. If the state income tax rate is 4.5% and his company withholds $2,493 annually for state income tax, how many exemptions does Anton claim? Each exemption is $2,000. 5. 6. 7. 8. 9. 10. mon Core ELA... Lesson Practice Complete the formula to find the tax withheld. Gross Pay Taxable Wage X Tax Rate $ 7,000 a. $ X 2% 78,000 X 6.25 32,000 X 5 12,500 X 3.5 135,000 x b. 64,550 X b. = Exemptions $4,000 6,000 8,000 2,000 2,000 6,000 T = a. = a. |||| a. a. a. Tax Withheld = b. $ b. = b. b. H $4,655.00 $3,586.19 Lesson 2.2 State Income Tax 133 Sign out
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