Register
If your salary is $42,500 and your federal income taxes are 10% of your salary, how much money will you owe this year in federal taxes? Assume you have no deductions.
58.9k views
0 votes
If your salary is $42,500 and your federal income taxes are 10% of your salary, how much money will you owe this year in federal taxes? Assume you have no deductions.

User Humble
by
8.4k points

1 Answer

2 votes
I'm assuming that the salary is for the whole year. If it is not, do tell me.
Tax = 10/100 * 45000
= 4500
You owe $4500 in federal taxes.
User Duanev
by
9.1k points
← Prev Question Next Question →

Related questions

Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.5m questions

12.2m answers

Other Questions

How do you can you solve this problem 37 + y = 87; y =
What is .725 as a fraction
How do you estimate of 4 5/8 X 1/3
A bathtub is being filled with water. After 3 minutes 4/5 of the tub is full. Assuming the rate is constant, how much longer will it take to fill the tub?
i have a field 60m long and 110 wide going to be paved i ordered 660000000cm cubed of cement  how thick must the cement be to cover field
Link Copied!