consider a job that pays $100,000 per year federal income taxes 19% and state income tax is 7% what is the annual total of the required deductions of federal and state income tax
first multiply 100,000 and 19% equaling 19,000
Then multiply 100,00 and 7% equaling 7,000
Lastly add 7,000 and 19,00 together to get your answer
Answer: 26,000
Answer:
$26,000.
Step-by-step explanation:
We have been given that a job that pays $100,000 per year federal income taxes 19% and state income tax is 7%.
The annual total of the required deductions of federal and state income tax would be \(19\%+7\%=26\%\).
To find the total amount, we will find 26% of $100,000.
@@MATH_TOKEN_1@@
@@MATH_TOKEN_2@@
@@MATH_TOKEN_3@@
Therefore, the annual total of the required deductions of federal and state income tax is $26,000.