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AGummiBear55
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Kara has a taxable income of $254,129. What is his tax liability if $41,827.25 plus 33% of the amount over $171,850?
 one year ago
 one year ago
AGummiBear55 Group Title
Kara has a taxable income of $254,129. What is his tax liability if $41,827.25 plus 33% of the amount over $171,850?
 one year ago
 one year ago

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whpalmer4 Group TitleBest ResponseYou've already chosen the best response.0
The amount over $171,850 is simply the taxable income  $171,850. Multiply that by 33% and add to the $41,827.25
 one year ago

AGummiBear55 Group TitleBest ResponseYou've already chosen the best response.0
I got 98537.75, but that's not in my answer choices. My choices are: $27,152.07 $68,979.32 $83,862.57 $125,689.82 ?? :/
 one year ago

whpalmer4 Group TitleBest ResponseYou've already chosen the best response.0
I got one of those answers :) What did you get for 33% of the amount over 171,850?
 one year ago

AGummiBear55 Group TitleBest ResponseYou've already chosen the best response.0
hm... lemme see real quick.
 one year ago

AGummiBear55 Group TitleBest ResponseYou've already chosen the best response.0
I got 562584.82 ???
 one year ago

whpalmer4 Group TitleBest ResponseYou've already chosen the best response.0
Okay, what do you get for the amount over 171,850?
 one year ago

AGummiBear55 Group TitleBest ResponseYou've already chosen the best response.0
I'm so confused, what? :( Sorry.
 one year ago

whpalmer4 Group TitleBest ResponseYou've already chosen the best response.0
Okay, the tax is $41,827.25 + 33% of the amount over $171,850. You could write this as \[Tax = $41,827.25 + 0.33(Income$171,850)\] because 33% is simply 33/100 or 0.33. Income was $254,129. Punch $254,129 into your calculator and subtract $171,850 to get the amount over $171,850. Multiply that number by 0.33. Add $41,827.25. The result is your final answer.
 one year ago
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