Asked by dannier
The gross income of Ginger Hughes is $215 per week. Her deductions are: $15.16, FICA tax; $29.33, income tax; 2% state tax; 1% city tax; and 3% retirement fund. What is her net income?
Answers
Answered by
Steve
total income,state,city tax is 6%
6% of 215 = 12.90
So, total deductions are 15.16+29.33+12.90 = 57.39
Net income is thus 215.00-57.39 = $157.61
Who says we are not taxed enough?
6% of 215 = 12.90
So, total deductions are 15.16+29.33+12.90 = 57.39
Net income is thus 215.00-57.39 = $157.61
Who says we are not taxed enough?
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