Dennis Hausearns $67,000 per year as a business manager. His exemptions
include himself, his wife, and their daughter. The state tax rate in his state is
3.5% of taxable income. Find the state tax withheld using the following figure.
Exemptions
Single
$1,500
Married $3,000
Each Dependent $1,500
$2,142.32
$2,361.50
$2,187.50
$2,237.50

Dennis Hausearns 67000 per year as a business manager His exemptions include himself his wife and their daughter The state tax rate in his state is 35 of taxabl class=

Respuesta :

Answer: $2,187.50

Step-by-step explanation:

Define all the exemptions that applie:

exemption for being married:  $3000

exemption for 1 dependent:     $ 1,500

3000 + 1500 = 4500

Subtract the exemptions from the yearly earnings:

67000 - 4500 = 62,500

Now, applied the 3.5 % tax

3.5 / 100 = (0.035)

62,500 x 0.035 = 2187.50