Calculate Your Taxes To find your net pay, you'll need to first calculate your taxes. Start period 02 | 01| 2019 End period 02 | 15| 2019 Find the tax percentages for each type of tax on Gross Pay $1,837.00 your pay stub and insert them here. Then, press the calculate button when you're ready. Earnings Taxes Deductions FEDERAL % of $1,837.00 $1,837.00 Federal (8.24%) FICA Medicare (1,45%) FICA MEDICARE % of $1,837.00 FICA Social Security (6.20%) FICA SOCIAL SECURITY % of $1,837.00 State - OK (3.86%) STATE % of $1,837.00 Total Net Pay Disclaimer: Tax numbers are for illustrative purposes only. Calculate

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Jeff, a 56 year old professor is subject to a 28% tax rate. He has had a family emergency and must withdraw $5,000 from his IRA to fund it. How much money will he owe the government for this withdrawal?

If you earn $130,0000, what is the marginal tax rate? Taxable income ($) $0-$50,000 Tax (%) 7% 5.84% 6% 05% 5% $50,001-$100,000 $100,001-$200,000 6% 7%

Estate duty is a direct tax  True/False

A retailer buys a bicycle from the wholesaler at $140 and the wholesaler charges a sales tax at the prescribed rate of 9%. The retailer fixes the price at $12 and charges sales tax at the same rate. Apply value added tax system of sales tax calculation to answer the following questions. (i) What is the price that a consumer has to pay to buy the bicycle? (ii) Find the input tax and output tax for the retailer. (iii) How much VAT does the retailer pay to the government?

what are some things that should be exempt from tax

Economics Blue Tune Saloon had a gross income of $150,000 with $95,000 in expenses and $15,000 in depreciation charges. How much will the Saloon pay in taxes? Do not put $ signs or a comma in answer. Use the new flat tax rate of 21%, which was introduced in 2018 with the Tax Cuts and Jobs Act

Only typed answer  Chanveida finds a home listed for $48k. Similar homes in good condition sell for $60k (market value). She pays $35k. Closing costs are $2k, estimated fix-up is $7k, and holding costs are $3k. She ‘flips’ the property after 3 months for $58k. Her closing costs upon sale are 7% of the sell price. Her overall tax rate is 30%. Assume no financing is used and there is no depreciation taken. Determine Chanveida's Net Sell Price. (Do not show a decimal or cents in your answer)

Write the four components of information required in order to calculate depreciation?