123456love1 123456love1
  • 02-07-2016
  • Mathematics
contestada

may someone help me on this please

may someone help me on this please class=

Respuesta :

mathmate
mathmate mathmate
  • 09-07-2016
I assume the FICA tax is not considered income tax.
So income tax to be paid is as follows:
0-3500 : exemption, so net taxable income = 25000-3500=21500

0-8025: at 10%, so $802.50
8025 to 21500: at 15%, so (21500-8025)*0.15=13475*0.15=2021.25
Total income tax due = 802.50+2021.25=$2823.75

If FICA tax is included, then tax rate is 7.65%, or 
FICA tax = 25000*0.0765=1912.50  (to be added to income tax above, if necessary).
Answer Link

Otras preguntas

Compute the value of the discriminant and give the number of real solutions of the quadratic equation. 4x^2-7x+2=0
A group of 140 tourists are going on a tour. The tour guide rents 15 vans. Each van holds 9 tourist. did the tour guide rent enough vans.explain
I’m a redox reaction what happens to a substances charge when it is oxidized
Kenny is 5 feet 5 inches while Lamar is 67 inches who is taller
can someone help me with this one
In the hall it is necessary to arrange in rows 72 chairs. At what size, 6 chairs or 8 chairs in the hall will have fewer rows and how much less?Solve please by
How many students in the marching band are girls
What is 30% of 75 A)250 B)22.5 C)25 D)225
You are attending a person who is unresponsive, gasping, and you feel a pulse what do you determine the problem is?
Hailey needs to identify internal costs so she can price her product accordingly. Which cost will be part of Hailey’s calculation? A. cost of endangering speci