Ask
your own question, for FREE!
Mathematics
28 Online
OpenStudy (anonymous):
It’s tax time. Your state income taxes are based on your gross income and the amount of federal income taxes you pay. You have a gross income of $60,000 per year. You only pay taxes on your gross income less your federal income taxes paid. You pay $5,000 federal income taxes. You then pay 0% state taxes on the first $20,000 of remaining income and 5% state taxes on your remaining income above $20,000. Put this problem into the form of an equation and solve for your state income tax.
Still Need Help?
Join the QuestionCove community and study together with friends!
OpenStudy (anonymous):
I just need help setting up the equation
OpenStudy (anonymous):
60000-5000 = 55000 20000* 0 + .05(55000-20000)
OpenStudy (anonymous):
do you understand what to do sbenner?
OpenStudy (anonymous):
looking at what was stated earlier it seems easy enough
Can't find your answer?
Make a FREE account and ask your own questions, OR help others and earn volunteer hours!
Join our real-time social learning platform and learn together with your friends!
Join our real-time social learning platform and learn together with your friends!
Latest Questions
ShadowKid3:
So, I made this character I'm thinking of making mini animations with. Any sugges
3 hours ago
7 Replies
0 Medals
luhbabyliyahh:
How you all feeling? You wanna come back and check on the site and like 2025 type
6 hours ago
36 Replies
0 Medals
alyviahwillis:
if anyone has any questions feel free to DM me... I don't mind at all.
7 hours ago
0 Replies
0 Medals
alyviahwillis:
hey yall so how are yall doing today? also if you need someone to talk to let me
7 hours ago
13 Replies
2 Medals
Juss1Jordan:
Sometimes losing a friendship that meant the world to you means that God was keeping you out of things he KNEW you wouldn't be able to handle, God block cer
7 hours ago
5 Replies
1 Medal
Bbygirl15:
Por quu00e9 es difu00edcil agradarle a tu mejor amigo cuando a u00e9l le agradast
10 hours ago
6 Replies
0 Medals