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Anton McRainy'sgross pay as a landscape designer is $52,375 a year. The state

income tax rate is 1.5% of taxable wages. Anton takes a married exemption of
$4,000 and $2,000 for his child. How much does Anton's employer withhold
yearly from his gross earnings for state income tax?
A.$710.25
B.$718.21
C.$695.63
D.$681.83

2 Answers

3 votes

Answer:

yearly gross pay $52,375

subtract the exemption $52,375 - (4000 + 2000) = 46375

calculate the state income tax (46375) x (0.015) = 695.625

rounder to the nearest hundred $695.63

Your answer is C.

Explanation:

User Bigger
by
3.8k points
0 votes

Answer:

  • C. $695.63

Explanation:

The tax is applied to the total minus the exempted amount:

  • (52375 - 4000 - 2000)*1.5/100 ≈ 695.63

Correct choice is C

User Rajat Bhatt
by
3.3k points