Looking for something else?

Not the answer you are looking for? Search for more explanations.

## More answers

Looking for something else?

Not the answer you are looking for? Search for more explanations.

- anonymous

It’s tax time. Your state income taxes are based on your gross income and the amount of federal income taxes you pay. You have a gross income of $60,000 per year. You only pay taxes on your gross income less your federal income taxes paid. You pay $5,000 federal income taxes. You then pay 0% state taxes on the first $20,000 of remaining income and 5% state taxes on your remaining income above $20,000. Put this problem into the form of an equation and solve for your state income tax.

At vero eos et accusamus et iusto odio dignissimos ducimus qui blanditiis praesentium voluptatum deleniti atque corrupti quos dolores et quas molestias excepturi sint occaecati cupiditate non provident, similique sunt in culpa qui officia deserunt mollitia animi, id est laborum et dolorum fuga.
Et harum quidem rerum facilis est et expedita distinctio. Nam libero tempore, cum soluta nobis est eligendi optio cumque nihil impedit quo minus id quod maxime placeat facere possimus, omnis voluptas assumenda est, omnis dolor repellendus.
Itaque earum rerum hic tenetur a sapiente delectus, ut aut reiciendis voluptatibus maiores alias consequatur aut perferendis doloribus asperiores repellat.

Get our expert's

answer on brainly

SEE EXPERT ANSWER

Get your **free** account and access **expert** answers to this

and **thousands** of other questions.

Get your **free** account and access **expert** answers to this and **thousands** of other questions

- anonymous

- jamiebookeater

I got my questions answered at brainly.com in under 10 minutes. Go to brainly.com now for free help!

Get this expert

answer on brainly

SEE EXPERT ANSWER

Get your **free** account and access **expert** answers to this

and **thousands** of other questions

- anonymous

I just need help setting up the equation

- anonymous

60000-5000 = 55000
20000* 0 + .05(55000-20000)

- anonymous

do you understand what to do sbenner?

Looking for something else?

Not the answer you are looking for? Search for more explanations.

- anonymous

looking at what was stated earlier it seems easy enough

Looking for something else?

Not the answer you are looking for? Search for more explanations.