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
Question 21: 24 minutes
x = 
x = 24
Question 22: 20 centimeters
x = one side of the square
x² = 25
x = 5
4x = perimeter
4(5) = perimeter
20 = perimeter
Question 23: 17 sides
Hexagon = 6 sides
Octagon = 8 sides
Triangle = 3 sides
Total amount of sides = 6 + 8 + 3
Total amount of sides = 17
Answer:
9/2
Step-by-step explanation:
It is the ratio between y-values for consecutive x-values. Perhaps the easiest two points to work with are ...
(x, y) = (0, 1), (1, 9/2)
The rate of change you're looking for is (9/2)/1 = 9/2.
Answer: 64 and 81
Step-by-step explanation: I used my brain. :)
905 mph because of the 7 minutes
