Steve and Claire are married, and both lived and worked in North Carolina for the entire 2013 tax year. Their total adjusted gross income was $78,000 and they qualified for the standard deduction of $6000 and exemption of $2500 (per person). Use the following 2011-2013 NC tax rate schedule (taken from http://www.dor.state.nc.us/taxes/individual/rates.html) to calculate her 2013 NC tax. If your filing status is married, filing jointly or qualifying widow or widower; and taxable income is more than: but not your tax is: over: 6% OF THE NC TAXABLE INCOME AMOUNT ON FORM D- $0 $21,250 400 $21,250 $100,000 $1275 + 7% OF THE AMOUNT OVER $21,250 $100,000 $6,787.50 + 7.75% OF THE AMOUNT OVER $100,000 Steve and Claire's 2013 NC tax is: $ (Round to the nearest dollar.) What is Steve and Claire's effective tax rate? [Tax paid divided by taxable income] (Write as a percent, rounded to one decimal place.)

Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
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Steve and Claire are married, and both lived and worked in North Carolina for the entire 2013 tax year. Their
total adjusted gross income was $78,000 and they qualified for the standard deduction of $6000 and
exemption of $2500 (per person). Use the following 2011-2013 NC tax rate schedule (taken from
http://www.dor.state.nc.us/taxes/individual/rates.html) to calculate her 2013 NC tax.
If your filing status is married, filing jointly or qualifying widow or widower;
and taxable income is more
than:
but not
your tax is:
over:
6% OF THE NC TAXABLE INCOME AMOUNT ON FORM D-
$ 0
$21,250
400
$21,250
$100,000
$1275 + 7% OF THE AMOUNT OVER $21,250
$100,000
$6,787.50 + 7.75% OF THE AMOUNT OVER $100,000
Steve and Claire's 2013 NC tax is: $
(Round to the nearest dollar.)
What is Steve and Claire's effective tax rate? [Tax paid divided by taxable income]
(Write as a percent, rounded to one decimal place.)
Transcribed Image Text:Steve and Claire are married, and both lived and worked in North Carolina for the entire 2013 tax year. Their total adjusted gross income was $78,000 and they qualified for the standard deduction of $6000 and exemption of $2500 (per person). Use the following 2011-2013 NC tax rate schedule (taken from http://www.dor.state.nc.us/taxes/individual/rates.html) to calculate her 2013 NC tax. If your filing status is married, filing jointly or qualifying widow or widower; and taxable income is more than: but not your tax is: over: 6% OF THE NC TAXABLE INCOME AMOUNT ON FORM D- $ 0 $21,250 400 $21,250 $100,000 $1275 + 7% OF THE AMOUNT OVER $21,250 $100,000 $6,787.50 + 7.75% OF THE AMOUNT OVER $100,000 Steve and Claire's 2013 NC tax is: $ (Round to the nearest dollar.) What is Steve and Claire's effective tax rate? [Tax paid divided by taxable income] (Write as a percent, rounded to one decimal place.)
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