Kathy makes $66,000 per year , and she pays a net federal income tax rate of 18 85% How much should Kathy expect to pay in taxes every year?

Question

asked Mar 24, 2019 183k views

2 Answers

Ed Randall · Answer 1 · 2019-03-30T14:57:33+0000

Answer:

12,441

Explanation:

We have to find the 18.85% of $66,000 then we just need to multiply both quantities and divide the result by 100.

66000*18.85=1,244,100

Now dividing by 100

1,244,100/100=12,441