1. Jamika wants to calculate her property taxes. She looks on her tax statement and sees that the tax rate is 47 mills per dollar. How can she calculate her property taxes?

a. Multiply 47 by 1,000. Then multiply the market value of her property by the product.

b. Divide the assessed value of her property by 47.

c. Divide 47 by 1,000. Then multiply the assessed value of her property by the product.

d. Divide 47 by 1,000. Then multiply the market value of her property by the product.

2. The Technology Center had total wages of $316,900 in the first quarter. The SUTA rate in that state is 5.5%. How much state unemployment tax will the company pay if none of its employees reached the maximum amount of $9,000?

a. $15,845.00

b. $17,429.50

c. $174,295.00

d. $4,950.50

3. Pyuish and Vi Kashia file a 1040 jointly. Pyuish earned $37,570 and Vi earned $41,230. The Kashias have three children. Both Pyuish and Vi contributed $2,000 to their IRAs. They had $3,129 in medical and dental expenses. They paid $2,670 in real estate taxes, $1,220 in student loan interest, $4,890 in mortgage interest, and made $3,000 in charitable contributions. What is their taxable income?

4. Angela Rodriguez works as a delivery driver. She earned $7,250 during the first quarter. By the end of the second quarter, her total earnings were $14,870. How much federal unemployment tax will her employer owe for her second quarter earnings if the FUTA rate in her state is 0.8%?

a. $580

b. $56

c. $58

d. $0

5. Preston's house is assessed at $145,000. He received a tax assessment for $9,425. What is his tax rate?

6. Name two ways a SUTA tax rate of 3% could be stored in a cell in Excel to be used in calculations