8. Antwan Campbell earns $494 per week. He is married and claims 1 child as a dependent. The state tax rate is 2.25% of taxable income. What amount is withheld from his weekly pay for state income tax?

8. Antwan Campbell earns $494 per week. He is married and claims 1 child as a dependent. The state tax rate is 2.25% of taxable income. What amount is withheld from his weekly pay for state income tax?

Fundamentals of Financial Management (MindTap Course List)

14th Edition

ISBN:9781285867977

Author:Eugene F. Brigham, Joel F. Houston

Publisher:Eugene F. Brigham, Joel F. Houston

Chapter3: Financial Statements, Cash Flow, And Taxes

Section: Chapter Questions

Problem 8P: PERSONAL TAXES Joe and Jane Keller are a married couple who file a joint income tax return, where...

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Question

8. Antwan Campbell earns $494 per week. He is married and
claims 1 child as a dependent. The state tax rate is 2.25% of
taxable income. What amount is withheld from his weekly pay
for state income tax?
Chapter 2

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