1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Irina18 [472]
2 years ago
5

It is 1902. I make $45,000 per year (I am rich). How much do I owe in FEDERAL income taxes? ________________ Where is this addre

ssed?
History
1 answer:
Norma-Jean [14]2 years ago
7 0

The amount that we owe in Federal Income taxes is $1,350.

<h3>What is a Federal income tax?</h3>

The federal income tax is a tax payable on Income earned in affiliation with federal salary, wage etc.

The tax rate for Federal income which is lesser than $20,000 is 2.0% while 3.0% for Income less than $50,000.

Hence, for $45,000, the tax rate of 3% will be applied.

Tax amount = Taxable income * Tax rate

Tax amount = $45,000 * 3%

Tax amount = $1,350.

in conclusion, the amount that we owe in Federal Income taxes is $1,350.

Read more about Tax rate

brainly.com/question/3051659

You might be interested in
What was one effect of the latin american economic nationalism?
Serjik [45]

Answer:

Thwey ended up having american economic nationlism which ended up in governemtn control; over ppl

Explanation:

7 0
3 years ago
Where were most of the people coming from during the old and new waves of immigration
Alina [70]
Old immigrants were people who immigranted generally from Europe, for example, Britain or Germany.

New immigrants were people generally from Asia and the Pacific, for example, China, Japan, etc.


Hope this helps
5 0
4 years ago
What is the opportunity cost In this scenarlo?
Liono4ka [1.6K]

Answer:The opportunity cost in this scenario is the three lost opportunities Harry experiences by deciding to go to his parents house. The term opportunity cost refers to the loss of potential gain from other alternatives when one alternative is chosen. The potential gain Harry may have lost by choosing to go to his parents for dinner instead could be relaxation while fishing, His house painting being finished, and time spent with his friends at the birthday party. These all can be considers lost opportunity due to choosing an alternate opportunity, that being dinner at his parents.  

Explanation:

4 0
3 years ago
Why did early humans eventually form hunter gatherer societies
Inessa05 [86]
Early humans eventually formed hunter-gatherer societies so catching food and cooking it could be split evenly between the people, and so everyone could get food properly, all the while sharing with eachother and looking out for eachother. Being in groups made it easier to catch more food, because they could take out more than they could together than with only one person. Forming these societies made things much more easy and efficient for them.
5 0
3 years ago
Where did the Gullah come from?
Oduvanchick [21]
The answer is a. africa
7 0
3 years ago
Read 2 more answers
Other questions:
  • Can someone tell me what the middle class is during the medieval times and how it came to exist?
    13·1 answer
  • Although the________were split into two opposing groups, the Bolsheviks and the Mensheviks, both had the goal of overthrowing th
    8·2 answers
  • Which colonial concern led to the writing of the Declaration of Independence ?
    8·1 answer
  • Which tactic did Vladimir Lenin not employ following the Russian Revolution?
    12·2 answers
  • What’s the definition of influenza
    8·1 answer
  • Were the African-Americans in the South during the Reconstruction free ?
    8·2 answers
  • Why do you think women's rights were so limited in the early years of the country?
    7·1 answer
  • Which of the following was not an accomplishment of the emperor Trajan?
    12·1 answer
  • The US and Canada being multicultural are known for thier;
    15·1 answer
  • Does anyone know how the baptists help abolish slavery in the west indies
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!