In math, you tax by the following steps:
1) Read the problem, let's say 29% of $89
2) Write percent as a decimal, 29% = .29
3) Multiply 89x.29=25.81
4) That is 29% of $89
BUT,
if sales tax is 9%,
then you bought a shirt that cost $29.89.
You'd do the following:
1) Write 9% as a decimal (move it over 2 times) .09
2) 29.90x.09= $2.61
That is SALES TAX
So, you add it on to the total
29.90+2.61=$32.51
Simple as that!
it means
if the tax is 8.6% do this math: 197.99 x 1.086= 215.02
multiply the amount of money by the sales tax in decimal form
Fancy pants!
You will not need math in law school. Even when I took the Income Tax course, I did not need any math.
That would depend on the tax rate in your area. To do the math 34.99 x ._ (_being the tax rate) + 34.99 = Total amount
It is possible to find free online calculators here at HR Block, Turbo Tax and Money Saving Expert for tax calculators. For Math calculators, one can get free online Math solvers at Math Portal.
I do not know the math formula, but I do have a calculator over here: http://www.1040.com/tax-tools/tax-estimator/ Hope it can help you estimate your tax refund.
It really depends on the question. Quite often, you have to add a certain percentage to the base amount, as tax. Or you may need to remove the tax to find the pre-tax price.
A tax preparer will take all of your tax documents such as receipts, W2 forms, and write offs and do all of the math and calculations that are necessary to file your federal taxes.
the way I learned was to add the percent of tax on to 100% and multiply whatever your taxing by that. for example: 6% tax on a $7 item 106% times $7.
something that increases the amount of the total cost of the item by the government