The amount that Tonja will save in Federal Income and FICA Taxes if she has her childcare expenses deducted from her check before taxes is: $26.17
<h3>What is Federal Income Tax?</h3>
Federal Income Tax is a tax that is levied by the Federal Government and most states in the United States of America. It comprises of 7 tax rates.
<h3>What is FICA Tax?</h3>
FICA Tax is a Federal Insurance Contributions Act Tax. This tax is levied on every payroll of employees to fund Social Security and Medicare programs. This is divided into two parts:
- Social Security Tax which is 6.2% and
- Medicare Tax which is 1.45%. The total is 7.65%
How to calculate Tonja's Tax before deduction
Federal Tax rate first level is 10% on 0$ - $19,900.
1) Hence, the first tax is 10% on $600, which is $60
2) The next tax is FICA. This is applied to the Gross Pay of $600.
Applying both taxed under FICA we have 7.65% * $600 = $45.9
Total Tax before a deduction is:
$60 + $45.9 = $105.6
The Tax Payable if childcare expenses is deducted first will be:
10% on $450 = $45
7.65% on $450 = $34.43
Total = $79.43
Hence the tax savings will be:
105.6 - 79.43 = $26.17
Learn more about FICA Tax at:
brainly.com/question/3214345
Answer:
75?
Step-by-step explanation:
1/4 = 25
25 x 3 =75
----
3/4=75
X^n ×X^n=X^10
X^n+n=X^10
X^2n=X^10
2n=10
n=10÷2
n=5
I hope you understand
Answer:
<h2>416m^2</h2>
Step-by-step explanation:
<h3>Area = Length * Width</h3><h3>Volume = Length * Width * Height</h3>
<h3>As we all can see,from the question we were given the parameters for calculating volume instead of the ones for calculating "area"</h3>
<h3>But from the the parameters, we can calculate for the total surface area</h3>
<h3>Floor = 12m ×10m = 120m^2</h3>
<h3>Roof = 12m × 10m = 120m^2</h3>
<h3>Front and back walls (x2) = 10m × 4m ×2 = 80m^2</h3>
<h3>Side walls (x2) = 12m × 4m × 2 = 96m^2</h3><h3>Total surface area</h3>
<h3>= 120m^2 + 120m^2 + 80m^2 + 96m^2</h3>
<h3>= 416 m^2</h3>
A conjuate is real numbers like the conjuate of x and y would be a real number
