Question

Oscar has elected to have 23% of his federal income tax withheld as state income tax. If $154.00 was withheld as federal income tax on his last paycheck, how much will be withheld from his paycheck for income tax in all?

Answer 1

The total income tax in all withheld from his paycheck is $189.42.  when the Oscar has elected to have 23% of his federal income tax withheld as state income tax. If $154 was withheld as federal income tax on his last paycheck.

Further Explanation:

Given:

Oscar has elected to have 23% of his federal income tax withheld as state income tax.

The federal income tax on his last paycheck of federal income tax is $154.  

Compute the state income tax:

State income tax is computed by taking the percentage of federal income tax with the federal income tax amount. The federal income tax amount is $154. The percentage of state income tax withheld of federal income tax is 23 percent.  

State income tax amount = Percentage of state income tax × Federal income tax amount

       = 23% × $154

       = $35.42

Compute the total income tax:

The total income tax is computed by adding the federal income tax amount with the state income tax amount.  The state income tax is $35.42 and the federal income tax is $154.  

Total income tax = State income tax amount + Federal income tax amount

     = $35.42 + $154

     = $189.42

Therefore, the total income tax is $189.42. As the rate of tax is increased, the amount of income tax is also increased. The rate of income tax and the amount of income tax are directly related to each other.  

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Answer details:

Grade: Middle School

Subject: Taxation

Chapter: Income tax  

Keywords:

Oscar,  has elected, to have 23%, of his federal income tax, withheld, like state income tax, $189.42,percentage of federal income tax, with the federal income tax amount.

Answer 2

Federal income tax withheld = x

Percent held as state income tax = 0.23x

So, if $154 was held as federal income tax on the last paycheck, then the state income tax will be: 0.23 (154) = $35.42

Total income tax withheld = 154 + 35.42

$189.42