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
So if she got them at 30% off that means
$63 = 70%
divide both sides by 70 to get 1%
$0.90 = 1%
multiply by 100 to get full price
$90 = 100%
original price was $90
Answer:
Option B: (½•16)⅓
Step-by-step explanation:
The associative property states that we can add or multiply numbers in a group regardless of how those numbers are grouped. And that we will get the same answer.
For example;
x(y•z) = (x•y)z = (x•z)y
Now in our question, we want o evaluate; ½(16•⅓)
Using the associative property, the best expression will be: (½•16)⅓
It's the best expression because the terms in the bracket are easy to multiply out without remainder.
Thus, option B is correct
Answer:
Step-by-step explanation:
Here you go mate
Step 1
-8m – 6(1 - 4m) = -102 Question
Step 2
-8m – 6(1 - 4m) = -102 Remove parenthesis
16m-6=-102
Step 3
16m-6=-102 add 6 to sides
16m=-96
Step 4
16m=-96 Divide sides by 16
Answer
m=-6
Hope this helped
