Question

Latisha Roberts is a fashion designer whose annual gross pay is $67,200.
She has exemptions of $3,000. The state tax on the first $10,000 is 2%
and 4% on amounts over $10,000. How much does she pay in state taxes
for the year?*

Answer 1

Answer:

$2,368

Step-by-step explanation:

minus $3000. from $67,200 equals = $64,200.

2% of $10,000 is $200.

minus $10,000 from $64,200 equals = $54,200.

4% of $54,200 is $2168.

2168.00 + 200 = 2,368.