Asked by dillien

Karl Dieter earns $24,862 per year. He is paid 24 times per year and claims 5 exemptions. If $39.99 is withheld from each paycheck, at what rate is he taxed?
Answered by Henry
Tax Rate = 24*39.99*100%/24,862 = 3.86 %
Answered by josh
sorry henry but your wrong....
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