Question

You earn $50,000 per year, and the federal tax rate is 10 percent. Your gross income is A. $5,000 B. $10,000 C. $45,000 D. $50,000

Answer 1

It should be 50000 because gross income is income not taxed or anything

Answer 2

I believe its c because if you multiply your earnings per year by 10 percent and then subtract that from your original income you will get 45000