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2 votes
Erin Lytle's gross pay is $26,300. She takes a married exemption of $4,000. Her state income tax rate is 5.5%. How much will she pay in state income tax?

2 Answers

4 votes

Answer:

$1,226.50

Explanation:

Erin Lytle's gross pay = $26,300

She takes a married exemption = $4,000

Her state income tax rate = 5.5%

She pay in state income tax = 5.5% of (26,300 - 4,000)

= 5.5% × 22,300

=
(5.5)/(100) × 22,300

= 0.055 × 22,300

= $1,226.50

She pay $1,226.50 in state income tax.

User Jeani
by
5.1k points
4 votes

Given

Erin Lytle's gross pay is $26,300

She takes a married exemption of $4,000

state income tax rate is 5.5%

Find out she pay in state income tax

To proof

Gross pay = $26,300

married exemption = $4,000

Let the she pay in state income tax = x

5.5 % written in the simpler form

=
(5.5)/(100)

= 0 .055

than the equation becomes

x = 0.055 ( 26300 - 4000)

x = 0.055× 22300

x = $1226.5

Erin Lytle pay in state income tax is $ 1226.5

Hence proved




User Mehta
by
4.7k points
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