Question

Cornelius Shultz annual salary is $29,700. He is paid monthly. His personal exemptions total $3000. How much does his employer deduct

from each of Shultz's paychecks for state income tax of 4 percent.
А
$107
C С
$160
B
$89
D
$108

Pls explain

Answer 1

B. $89

1. Salary minus exemptions:

$29,700 - $3,000 = $26,700

2. Multiply to find the tax
$26,700 x 4% = $1,068

3. Divide by 12 to find the monthly tax amount
$1,067 / 12 months = $89