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Business Mathematics Brief 12th Edition by Stanley Salzman ,Gary Clendenen, Charles Miller
Edition 12ISBN: 978-0132605540Business Mathematics Brief 12th Edition by Stanley Salzman ,Gary Clendenen, Charles Miller
Edition 12ISBN: 978-0132605540 Exercise 32
STATE WITHHOLDING TAX Use the state income tax rate given to find the state withholding tax for this employees. Round to the nearest cent. (See Example.)
Finding the State Withholding Tax
Hilda Worthington works as a nurse in Indiana and earns $4250 for the month. Find the tax rate for Indiana from the chart and calculate the state withholding tax.
SOLUTION
Indiana has a flat tax rate of 3.4%.
Finding the State Withholding Tax Hilda Worthington works as a nurse in Indiana and earns $4250 for the month. Find the tax rate for Indiana from the chart and calculate the state withholding tax.
SOLUTION
Indiana has a flat tax rate of 3.4%.
Explanation
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In order to find the State Withholding a...
Business Mathematics Brief 12th Edition by Stanley Salzman ,Gary Clendenen, Charles Miller
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