
Contemporary Mathematics for Business & Consumers 8th Edition by Robert Brechner,Geroge Bergeman
Edition 8ISBN: 978-1305585454
Contemporary Mathematics for Business & Consumers 8th Edition by Robert Brechner,Geroge Bergeman
Edition 8ISBN: 978-1305585454 Exercise 3
Ransford Alda is a self-employed security consultant with estimated annual earnings of $90,000, His social security tax rate is 12.4%, Medicare is 2.9%, and his federal income tax rate is 14%.
a. How much estimated tax must Ransford send to the IRS each quarter
b. What form should he use
a. How much estimated tax must Ransford send to the IRS each quarter
b. What form should he use
Explanation
(a) The annual salary of Ransford Alda
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Contemporary Mathematics for Business & Consumers 8th Edition by Robert Brechner,Geroge Bergeman
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