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The gross income of Abelina Bennett is $215 per week. Her deductions are: $15.16, FICA tax; $29.33, income tax; 2% state tax; 1% city tax; and 3% retirement fund. What is her net income?

User Spyk
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2 Answers

1 vote

Final answer:

To calculate Abelina Bennett's net income, subtract her deductions from her gross income. Her net income is $157.61 per week.

Step-by-step explanation:

To calculate Abelina Bennett's net income, we need to subtract her deductions from her gross income. The deductions include FICA tax, income tax, state tax, city tax, and retirement fund.

Step 1: Add up all the deductions:
FICA tax: $15.16
Income tax: $29.33
State tax: 2% of $215 = $4.30
City tax: 1% of $215 = $2.15
Retirement fund: 3% of $215 = $6.45

Step 2: Calculate the total deductions: $15.16 + $29.33 + $4.30 + $2.15 + $6.45 = $57.39

Step 3: Subtract the total deductions from the gross income: $215 - $57.39 = $157.61

Abelina Bennett's net income is $157.61 per week.

User Vijay Shiyani
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7.9k points
7 votes
her net income is 160.46593794, or approximately $160.50, hope i helped
User Harry Steinhilber
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