Question

1. Diana Little's gross pay is $46,300. She takes a married exemption of $3,000. Her state income tax rate is 3.5

percent. How much will she pay annually in state tax?

Answer 1

$1512.5

Explanation:

Given that

Gross pay = $46,300

Married exemption = $3,000

Tax rate = 3.5 %

We know that 1 %= 1/100

So the 3.5 %= 3.5/100 = 0.035

If she take Married exemption so the effective pay will become $43,300 then she have to pay $ x.

x= 3.5 % of $(46,300-3000)

x= $1512.5

So the tax pay by Diana is $1512.5 .