Need answer by computer not hand write

All About You BYP11-8 Medical costs are substantial and rising. But will they be the most substantial expense over your lifetime? Not likely. Will it be housing or food? Again, not likely. The answer is taxes, On average, Americans work 107 days to afford their taxes. Companies, too, have large tax burdens They look very hard at tax issues in deciding where to build their plants and where to locate ther administrative headquarters. Instructions (a) Determine what your state income taxes are if your taxable income is $60,000 and you file as a single taxpayer in the state in which you live (b) Assume that you own a home worth $200,000 in your community and the tax rate is 2.1%. (c) Assume that the total gasoline bill for your automobile is $1.200 a year (300 gallons at $4 per Compute the property taxes you would pay on). What a are the amounts of state and federal taxes that you pay on the $1,2002 (d) Assume that your purchases for the year total $9,000. Of this amount, $5,000 was for food and pay on these purchases? (Many prescription drugs. What is the amount of sales tax you would states do not levy a sales tax on food or prescription drugs. Does yours?) (0 Determine what your federal income taxes are if your taxable income is $60,000 and you ile as g) Determine your total taxes paid based on the above calculations, and determine the percentage o a single taxpayer. income that you would pay in taxes based on the following formula: Total taxes paid Total income All About You BYP11-8 Medical costs are substantial and rising. But will they be the most substantial expense over your lifetime? Not likely. Will it be housing or food? Again, not likely. The answer is taxes, On average, Americans work 107 days to afford their taxes. Companies, too, have large tax burdens They look very hard at tax issues in deciding where to build their plants and where to locate ther administrative headquarters. Instructions (a) Determine what your state income taxes are if your taxable income is $60,000 and you file as a single taxpayer in the state in which you live (b) Assume that you own a home worth $200,000 in your community and the tax rate is 2.1%. (c) Assume that the total gasoline bill for your automobile is $1.200 a year (300 gallons at $4 per Compute the property taxes you would pay on). What a are the amounts of state and federal taxes that you pay on the $1,2002 (d) Assume that your purchases for the year total $9,000. Of this amount, $5,000 was for food and pay on these purchases? (Many prescription drugs. What is the amount of sales tax you would states do not levy a sales tax on food or prescription drugs. Does yours?) (0 Determine what your federal income taxes are if your taxable income is $60,000 and you ile as g) Determine your total taxes paid based on the above calculations, and determine the percentage o a single taxpayer. income that you would pay in taxes based on the following formula: Total taxes paid Total income