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2. Kenn Smith is a police officer, earns $67,250 per year. He is married, filing jointly and pays $2,980.60 in state income tax per year.
2. Kenn Smith is a police officer, earns $67,250 per year. He is married, filing jointly and pays $2,980.60 in state income tax per year. He claims 2 dependents. What is the state income tax RATE for his state? Round to the nearest tenth of a percent.
Exemptions (2020) Single-$12,400. Married(separately)-$12,400. Married jointly)- $24,800. Each dependent - $4,300 Graduated State Income Tax Table (2020) First $5,500: 1.7% Next $5,500: 3.2% Next $11,000: 4.7% Over $16,500: 4.9%Step by Step Solution
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