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AleksAgata [21]
3 years ago
10

Donna Forrester's gross pay is $72,500 a year. The state income tax is 3% of taxable wages. Donna takes a married exemption of $

4,000 for herself and her husband. How much is withheld from her gross earnings for state income tax for the year?
Business
2 answers:
Rina8888 [55]3 years ago
7 0

Answer:

Donna's state income tax will be $2,055

Explanation:

Donna's gross pay is $72,500. If she takes the $4,000 exemption, her taxable income will lower to $68,500, that will be her net income used for state income taxes.

Donna's state income taxes = $68,500 x 3% = $2,055

Daniel [21]3 years ago
6 0
The answer is $2,055
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