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Sing Wu's annual gross pay is $51,400. He takes a married exemption of $4,000. Hisstate income tax rate is 3.5 percent. How much will he pay annually in state tax?

Respuesta :

total income is = 51400 $

exemption is = 4000$

so net amount for tax is = 51400 - 4000 = 47,400 $

now 3.5 % of 47,400 as tax is

[tex]47400\times\frac{3.5}{100}=1659[/tex]

so he will pay 1659 $ as annual tax.

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