3. The reported wages are realized income or gross income?

Question

Neither

Realized Income

Gross Income

4. You are looking at your W2 and see that your local wages were $40,000 and the amount of local tax withheld was $600. What percentage rate was withheld?

1.5%

1.0%

2.4%

Answer 1

If you post your answers, we'll be glad to check them for you.