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4. In the previous problem, suppose the employees total monthly income is $3,500. a. What does the employee make in a year? b. The amount

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4. In the previous problem, suppose the employees total monthly income is $3,500. a. What does the employee make in a year? b. The amount the employee pays towards health insurance is tax deductible. Additionally. the employee $6,000 per year towards a retirement plan that is tax deductible. What is the employee's income after these deductions? c. If the employee is a head of household, and takes the standard deduction of $19,400, what is their taxable income? d. Use the tax table below to calculate the employee's total income taxes. 2022 Head of Household Tax Brockets 4. In the previous problem, suppose the employees total monthly income is $3,500. a. What does the employee make in a year? b. The amount the employee pays towards health insurance is tax deductible. Additionally. the employee $6,000 per year towards a retirement plan that is tax deductible. What is the employee's income after these deductions? c. If the employee is a head of household, and takes the standard deduction of $19,400, what is their taxable income? d. Use the tax table below to calculate the employee's total income taxes. 2022 Head of Household Tax Brockets

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