Respuesta :
Federal Taxable Income of Tina = $61,600
Income Tax charged = 4.5%
Amount that Tina pays in income tax = 4.5% of 61,600
= 0.045 x 61600
= $2772
Thus, Tina pays $2,772 in income tax.
So, D option is the correct answer
Income Tax charged = 4.5%
Amount that Tina pays in income tax = 4.5% of 61,600
= 0.045 x 61600
= $2772
Thus, Tina pays $2,772 in income tax.
So, D option is the correct answer
The correct answer is: Option (D) $2,772
Explanation:
Tina's federal taxable income = $61,600
Income Tax = 4.5%
To find the state income tax in dollars, all you need to do is to multiply the income tax (percentage) with the total income. In other words, you need to find the 4.5% of Tina's total income ($61,600) as follows:
Income tax Tina pays (in dollars) = [tex]\frac{4.5}{100} * \$61,600 = \$2,772[/tex] (Option D)