3 years ago

Assume federal exemption is, $3300.00, you earn. 37,500.00, the tax rate is 2 3/4%, calculate the tax.

1 answer:

3 0

3300 exemption

37,500−3,300=34,200 taxable
Tax rate is
2+3/4=2.75% we don't multiply 2by 3/4
Now calculate the amount of tax
34,200×2.75%=940.5

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