Question

Areviks gross pay is $41,330 a year. The state income tax is 3.3% of taxable wages. She takes a married exemption of $4,700 for herself and her husband. How much is withheld from her gross earnings for state income tax for the year?

Answer 1

To calculate the state income tax withheld from Arevik's salary, we subtract the married exemption from her gross pay and then apply the state tax rate. The total state income tax withheld for the year is $1,208.79.

Step-by-step explanation:

The question pertains to the calculation of state income tax based on Arevik's gross pay and allowable exemptions. To calculate the amount withheld for state income tax, we must first determine Arevik's taxable income. This is done by subtracting the married exemption from her gross pay. The married exemption amounts to $4,700, and Arevik's yearly gross pay is $41,330.

Calculating Arevik's taxable income: $41,330 - $4,700 = $36,630.

Now, we can calculate the state income tax by applying the state tax rate of 3.3% to the taxable income.

State income tax withheld: $36,630 × 3.3% = $1,208.79.

Therefore, the amount withheld from Arevik's gross earnings for state income tax throughout the year is $1,208.79.