Question

Mark lives in a state that charges him 6.1% income tax on his federal taxable income. If his federal taxable income is $79,400, how much does Mark pay in state income tax?

a.
$5,280.15
b.
$1,270.40
c.
$4,045.66
d.
$4,843.40


THE ANSWER IS D

Answer 1

yea other persons right

Explanation:

Answer 2

D. 4.843,40

Explanation:

The total amount is 79.400 dollars and that is the one to charge with the income tax.

Remembe that 6,1%=0,061 and this is easier to multiply

Income tax= taxable income*income tax

With our numbers

Income tax=79.400*0,061

=4.843,40

Thats the state income tax that Mark has to pay