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igomit [66]
2 years ago
7

Given deductions for this week: federal tax $61.34, FICA $52.05, and state $7.92 what is the annual federal tax deduction?

Mathematics
1 answer:
stealth61 [152]2 years ago
8 0

Given the weekly deductions raised, the annual Federal Tax deduction is $ 3,189.68.

Given that the deductions for the week were: Federal Tax $ 61.34, FICA $ 52.05, and State $ 7.92; To determine what is the annual Federal Tax deduction, the following calculation must be performed:

The weekly deduction must be multiplied by the number of weeks that a year has, to obtain the final amount of taxes.

  • $ 61.34 x 52 = X
  • $ 3,189.68 = X

Therefore, the annual Federal Tax deduction is $ 3,189.68.

Learn more in brainly.com/question/25225323

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