which of the following is the solution for income tax deducted on earning of $1,000 in with a tax rate of 25%? (1 point)

Answer 1

To calculate the income tax deducted on earnings of $1,000 with a tax rate of 25%, you can use the formula:

\[ \text{Income Tax} = \text{Earnings} \times \text{Tax Rate} \]

Substituting the given values:

\[ \text{Income Tax} = 1,000 \times 0.25 = 250 \]

Therefore, the income tax deducted would be $250.