grayson lives and works in Indiana, which has a flat state income tax of 3.4% If his annual salary is %49,255 and he get paid on

Question

3 years ago

11

ce a month, how much is withheld from is gross income for state income tax each pay period?

2 answers:

Ulleksa [173] · Answer 1 · 2022-06-01T12:53:38+03:00

5 0

Answer:

139.56

Explanation:

The flat tax rate is at 3.4 %, which is 0.034

Grayson earns $49,255 but is paid monthly. His monthly is $49,255 divided by 12

=$49,255 / 12

=$4,104.5833

The tax per period will be 3.4% or 0.034 of $4,104.5833

=0.034 x $4, 104.58

=$139.55583

=$139.56

Elza [17] · Answer 2 · 2022-06-01T14:13:57+03:00

Elza [17]3 years ago

5 0

Answer: $139.55

Explanation: APE X APPROVED