subject
Mathematics, 11.10.2021 16:10 JNH16

Last year, a school principal had a gross income of 88,000. she is filing her federal income tax return with the single filing status, and after taking into account her standard deduction of 5,700 and a 3,650 exemption for herself, her taxable income came out to be 78,650. She wants to calculate how much of the 88,000 she'll have left over after paying federal income tax. Part I:Subtract the appropriate amount in the right most column of the table from the school principal taxable income. What do you get?

Part II: Multiply the result from Part I by the appropriate percentage from the table. Now what do you have?

Part III: Add the appropriate amount from the middle column of the table to the result from Part II. How much does the school principal owe in federal income tax?

Part IV: How much of the school principals gross income of 88,000 will she have left over after paying federal income tax?

please help if you can I'm struggling in Financial Algebra

ansver
Answers: 1

Another question on Mathematics

question
Mathematics, 21.06.2019 13:00
Solve for x i'll try to attach the files bc it's not letting me for some reason
Answers: 1
question
Mathematics, 21.06.2019 16:40
Identify an equation in point slope form for the line perpendicular to y=3x+5 that passes through (4,-1)
Answers: 2
question
Mathematics, 21.06.2019 18:20
If f(x)=-x^2+6x-1 and g(x)=3x^2-4x-1,find(f+g)(x)
Answers: 1
question
Mathematics, 21.06.2019 20:00
Anature center offer 2 guided walks. the morning walk is 2/3 miles. the evening walk is 3/6 mile. which is shorter
Answers: 1
You know the right answer?
Last year, a school principal had a gross income of 88,000. she is filing her federal income tax ret...
Questions