Answer:
no
Step-by-step explanation:
The amount that Tonja will save in Federal Income and FICA Taxes if she has her childcare expenses deducted from her check before taxes is: $26.17
<h3>What is Federal Income Tax?</h3>
Federal Income Tax is a tax that is levied by the Federal Government and most states in the United States of America. It comprises of 7 tax rates.
<h3>What is FICA Tax?</h3>
FICA Tax is a Federal Insurance Contributions Act Tax. This tax is levied on every payroll of employees to fund Social Security and Medicare programs. This is divided into two parts:
- Social Security Tax which is 6.2% and
- Medicare Tax which is 1.45%. The total is 7.65%
How to calculate Tonja's Tax before deduction
Federal Tax rate first level is 10% on 0$ - $19,900.
1) Hence, the first tax is 10% on $600, which is $60
2) The next tax is FICA. This is applied to the Gross Pay of $600.
Applying both taxed under FICA we have 7.65% * $600 = $45.9
Total Tax before a deduction is:
$60 + $45.9 = $105.6
The Tax Payable if childcare expenses is deducted first will be:
10% on $450 = $45
7.65% on $450 = $34.43
Total = $79.43
Hence the tax savings will be:
105.6 - 79.43 = $26.17
Learn more about FICA Tax at:
brainly.com/question/3214345
The possible ordered pairs whose product will be negative (less than zero) are,
That is all these products will give us,
The point must be in the second quadrant where x is negative and y is positive.
Or in the fourth quadrant, where y is negative and x is positive.
B) f(x) = 3
It’s because all the y values are 3
Answer:
p=0.25
Step-by-step explanation:
Given that a club can select one member to attend a conference. All of the club officers want to attend. There are a total of four officers, and their designated positions within the club are President (P), Vice dash President (Upper V )comma Secretary (Upper S )comma nbspand Treasurer (Upper T ).
Sample space would be
a){ {P}, {V}, {S} {T}} is the sample space with notations standing for as given in the question
b) Each sample is equally likely. Hence we have equal chances for selecting any one out of the four.
If probability of selecting a particular sample of size I is p, the by total probability axiom we have
\begin{gathered}4p =1\\p =0.25\end{gathered}
4p=1