Question

Makenzie lives and works in Colorado, which has a flat state income tax of 4.63%. If her annual salary is $57,835 and if she gets paid once a month, how much is withheld from her gross income for state income tax each pay period?

Answer 1

So she gets paid 57835/12 months = 4819.58 a month

Then: 4819.58*.0463 = 223.15 witheld a month.