Question

Hussein had federal taxable income of $31,500. He pays state income tax rate of 3.5% of his federal taxable income. Find his state income tax for that year.

A)$1,102.50
B)$1,135.40
C)$1.245.70
D)$1,290.80

Answer 1

Hussein's state income tax for the year would be $1,102.50 when calculated by multiplying his federal taxable income of $31,500 by the state income tax rate of 3.5%.

Step-by-step explanation:

To calculate Hussein's state income tax based on his federal taxable income, you multiply the state income tax rate by his federal taxable income. Here's how the calculation works:

1. Identify the state income tax rate: 3.5%.
2. Convert the percentage to a decimal for calculation: 3.5% = 0.035.
3. Multiply the federal taxable income by the decimal tax rate: $31,500 x 0.035.
4. Complete the calculation: $31,500 x 0.035 = $1,102.50.

Therefore, Hussein's state income tax for the year would be $1,102.50, which corresponds to option A.