Questions LLC
Login
or
Sign Up
Ask a New Question
Finance
Income Tax
Calculation of Income Tax
Which of the following is the solution for income tax deducted on earnings of $1,000 with a tax rate of 24%?(1 point)
Responses
$24
$24
$240
$240
$976
$976
$760
1 answer
$240
You can
ask a new question
or
answer this question
.
Related Questions
Which of the following is the solution for income tax deducted on earnings of $1,000 with a tax rate of 24%?(1 point)
Responses
The income tax rate is 30% on current and is payable in the first quarter of 2014. The pretax income before the preceding
Under a certain Law, the first P30,000.00 of earnings are subjected to 12% tax,
earning greater than P30,000.00 and up to
Solve the following problem involving income tax. Show all your work. Priya had $52.50 deducted from their paycheck. If
Solve the following problem involving income tax. Show all your work. Priya had $52.50 deducted from their paycheck. If
Sam earned a salary of $4,000 on his last paycheck. Using the following percentages for deductions, calculate his net pay.
Social
This is calculated as a percentage of a worker's earnings. As a worker makes more money, he or she will be taxed a higher
Scott Stewart is the self-employed owner of Stewart Software. His estimated annual earnings are $48,000 and he expects to pay
Which statement best describes a proportional tax?
a tax that places levels of income into brackets a tax where all levels of
Which of the following is the solution for income tax deducted on earnings of $1,000 with a tax rate of 24%?
•$760 • $240
