Question

Each pay period, Turner's taxable income is $800.98. If his federal income tax rate is 14%, then how much money does he pay each pay period in federal income taxes?

A.
$114.14
B.
$112.14
C.
$120.15
D.
$113.14

Answer 1

Multiply the taxable income by the tax rate.

800.98 x 0.14 = 112.14

The answer is B. $112.14