Tinh Tran is a physical therapist. He earns $49,830 a year and is single with no dependents. The state income tax rate is 5% of taxable income. What amount is withheld from his biweekly pay for state income tax?

Tinh Tran is a physical therapist. He earns $49,830 a year and is single with no dependents. The state income tax rate is 5% of taxable income. What amount is withheld from his biweekly pay for state income tax?

Individual Income Taxes

43rd Edition

ISBN:9780357109731

Author:Hoffman

Publisher:Hoffman

Chapter5: Gross Income: Exclusions

Section: Chapter Questions

Problem 5CPA: Danny received the following interest and dividend payments this year. What amount should Danny...

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Question

Use the personal allowance table below.
Personal Allowance Amount
Single
$2,000
Married
4,000
Each Dependent
2,000

5. Tinh Tran is a physical therapist. He earns $49,830 a year and is
single with no dependents. The state income tax rate is 5% of
taxable income. What amount is withheld from his biweekly
pay for state income tax?

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