Note: 6 employees means half of the employees contributed $7.75 each.
6 x $7.75 = $46.50.
To find how much money remains to be collected, subtract $46.50 from $100.
So, $100 - $46.50 = $53.50 is the answer.
Answer:
x = -15
Step-by-step explanation:
3x-5=2(2x+5)
Expand by using distributive property
3x - 5 = 4x + 10
Subtract 4x from both sides
3x - 5 - 4x = 4x + 10 - 4x
Simplifying
-x - 5 = 10
Add 5 to both sides
-x - 5 + 5 = 10 + 5
Simplifying
-x = 15
Divide both sides by -1
x = -15
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:
f(30)= 75
Step-by-step explanation:
3(30)-15
90-15
75
Answer:
12
Step-by-step explanation:
1/3 of 12 = 4
1/4 of 12 = 3
4 is 1 more than 3.
The number is 12.
_____
If this does not immediately come to mind, you can solve for the number, x:
x/3 -x/4 = 1 . . . . the difference between 1/3 of x and 1/4 of x is 1
x/12 = 1 . . . . . . . collect terms: (1/3 -1/4 = 4/12 -3/12 = 1/12)
x = 12 . . . . . . . . multiply by 12
