an electrician earns 136,100 a year and they are taxed at 27%
how much do they pay in taxes
what is their personal income after they pay their taxes
Taxes,tips and interest
doesnt say the tips and interest thats the thing.
the first is 36,747 i think
how much is the tips and interesT?
136,100 * .27 = taxes
I assume that tips are included in earnings. There is no indicate of any investments that earn interest, so:
136,100 * (1 - .27) = personal income (minus taxes)
To calculate the electrician's annual tax amount, we need to multiply their annual income by the tax rate. Here's how to do that:
1. Multiply the electrician's annual income by the tax rate:
Annual tax = Annual income x Tax rate
Annual tax = $136,100 x 0.27 (since 27% written as a decimal is 0.27)
2. Calculate the annual tax amount:
Annual tax = $36,747
Therefore, the electrician pays $36,747 in taxes each year.
To find the electrician's personal income after taxes, subtract the annual tax amount from the annual income:
Personal income after taxes = Annual income - Annual tax
Personal income after taxes = $136,100 - $36,747
Therefore, the electrician's personal income after taxes is $99,353.
Now, you mentioned "Taxes, tips, and interest." If you would like to calculate the total amount of taxes, tips, and interest paid, we need to know more specific details about the other components (tips and interest) to provide an accurate answer.