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michlee michlee
wrote...
Posts: 461
4 years ago
Use the tables below to solve the problem. Round dollar amounts to the nearest cent and percents to the nearest tenth.



To help pay for college, you worked part-time at a local restaurant, earning $27,000 in wages and tips.
(a) Calculate your FICA taxes.
(b) Use the tax table to calculate your income tax. Assume you are single with no dependents, have no adjustments or tax credit, and you take the standard deduction.
(c) Including both FICA and income tax, what percentage of your gross income are your federal taxes?

▸ (a) $1525.50
(b) $3615.00
(c) 19.0%

▸ (a) $1525.50
(b) $2152.50
(c) 13.6%

▸ (a) $391.50
(b) $3615.00
(c) 14.8%

▸ (a) $391.50
(b) $2152.50
(c) 9.4%
Textbook 
Thinking Mathematically

Thinking Mathematically


Edition: 6th
Author:
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DWFG2796DWFG2796
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Posts: 368
4 years ago
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michlee Author
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4 years ago
Thanks for your help!!
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Yesterday
Brilliant
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2 hours ago
Helped a lot
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