Marginal Tax Rate in KS for single filers is 3.1% $0< I< 15, 000 T(I) = 5.25% 5.7% $15,000 ≤ I≤ 30,000 I > $30,000 The standard deduction is $3,000 (thus the first $3,000 of income is NOT taxed). How much would someone who earns $25,500 a owe in state taxes? (do NOT put a $ or comma in your answer. Thus if you answer is $6,500 just type 6500)

Marginal Tax Rate in KS for single filers is 3.1% $0< I< 15, 000 T(I) = 5.25% 5.7% $15,000 ≤ I≤ 30,000 I > $30,000 The standard deduction is $3,000 (thus the first $3,000 of income is NOT taxed). How much would someone who earns $25,500 a owe in state taxes? (do NOT put a $ or comma in your answer. Thus if you answer is $6,500 just type 6500)

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter12: Current Liabilities

Section: Chapter Questions

Problem 6Q: What amount is payable to a state tax board if the original sales price is $3,000, and the tax rate...

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