5. In 2005, Faith paid $4,650 in Social Security tax. If the tax rate was 6.2% to the maximum of $90,000 that yea what was Faith's taxable income?

asked Jun 15, 2022 183k views

4 votes

5. In 2005, Faith paid $4,650 in Social Security tax. If the tax rate was 6.2% to the maximum of $90,000 that yea

what was Faith's taxable income?

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3 votes

Answer:

75000

Explanation:

Taxable income x .062=4650

taxable income =4650/.062

taxable income = 75000

Begoodpy answered Jun 19, 2022

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