The gross income of Ginger Hughes is $215 per week. Her deductions are: $15.16, FICA tax; $29.33, income tax; 2% State tax; 1% city tax; and 3% retirement fund. What is her net income?
157.61
Taxed like any other income...hence what you pay depends on all the factors...amount, other income. type, place, deductions, etc
Gross Income - Above the Line Deductions = Adjusted Gross Income - (Deductions +Exemptions)= Taxable Income
Gross income.
$605.32 :) :P
the gross income of ginger hughes is 215 per week her deductions are 15.16fica tax 29.33 income tax 2 percent state tax 1 percent city tax and 3 percent retirement fund what is her net income?
The gross income of Ginger Hughes is $215 per week. Her deductions are: $15.16, FICA tax; $29.33, income tax; 2% state tax; 1% city tax; and 3% retirement fund. What is her net income?
i just took the test, got it wrong, but the correct answer is B. $157.61
157.61
Thomas M. Ferguson has written: 'Tax deductible investments' -- subject(s): Income tax deductions, Income tax deductions for retirement contributions, Investments, Law and legislation, Taxation
Taxed like any other income...hence what you pay depends on all the factors...amount, other income. type, place, deductions, etc
How do I change the deductions on NS income taxt?
Gross Income - Above the Line Deductions = Adjusted Gross Income - (Deductions +Exemptions)= Taxable Income
Gross Income - Above the Line Deductions = Adjusted Gross Income - (Deductions +Exemptions)= Taxable Income
Gross income.
$605.32 :) :P
$605.32 :) :P