If Jose earns $1700 this year selling T-shirt’s he screen prints in his garage what taxes would he need to pay?

Respuesta :

Answer:

State sales and income tax

Step-by-step explanation:

He pays income tax based on the $1700 he got when running his own business of selling T-shirt’s he screen prints in his garage and he also needs to pay for the State sales tax on each T-shirt sold to the state that his business is located in.

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Answer:

Jose is required to pay income tax and state sales tax

Step-by-step explanation:

Jose is required to pay income tax and state sales tax on his earnings of $1700.

The income tax goes to the the federal government which is 10% of the amount earned for the tax bracket of $0 to $9,700 for singles and $0 to $19,400 for married couples filling jointly.

Tax = 10% of $1700

Tax = 0.10*1700

Tax = $170

The state sales tax goes to the states and depends upon the taxing system of the state where Jose is selling the T-shirts.

Some states in the USA have zero state sales tax; Alaska, Delaware, Montana, Oregon etc. On the other hand, these states have the highest sales tax rates in the USA; Tennessee, Louisiana, Arkansas, Washington etc