Question

bruce banner had a taxable income last year of $43,467. his state's income tax rate is 3.9% and his city income tax is 1.8%. what total state and city income taxes did bruce pay last year?

Answer 1

Total tax paid by Bruce = $2477.62

Explanation:

Bruce banner taxable income last year = $43,467

State's income tax rate = 3.9%

State's income tax = 43467*3.9% = 43467*0.039 = $1695.21

City income tax rate is = 1.8

City income tax = 43467*1.8% = 43467*0.018 =$782.41

Total tax = $1695.21 + $782.41

= $2477.62

Thank you.