Answer:
Annual total of deduction of Federal Tax = $ 1900
Annual total of deduction of State Tax = $ 700
Step-by-step explanation:
Given as ,
Salary paid by the company =$100,00 per year
The federal income tax per year applicable = 19%
The state income tax per year applicable = 7%
So, Federal income tax = 19% of $10000 = [tex](\frac{19 \times 10000}{100})[/tex] = $ 1900
And State income tax = 7% of $10000 = [tex](\frac{7 \times 10000}{100})[/tex]
= $ 700
So, The total Salary receive after tax deduction = ($100,00) - ($1900 +$700 )
= $7400
Hence Annual total of deduction of Federal Tax = $ 1900
Annual total of deduction of State Tax = $ 700 Answer
