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If state or local taxes apply, they must also be included in the formula. -Need to subtract $0.01 from $5,685,86 in order to arrive at

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If state or local taxes apply, they must also be included in the formula. -Need to subtract $0.01 from $5,685,86 in order to arrive at $4,000.00 (due to rounding). security taxes and federal income tax (supplemental rate), a 4.95% Utah income tax must be withheid on supplemental payments. Round your calculations and final answers to the nearest cent

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