question 7 of 10\njuliana lives and works in pennsylvania, which has a flat state income tax of 3.07%. if…

question 7 of 10\njuliana lives and works in pennsylvania, which has a flat state income tax of 3.07%. if her annual salary is $41,995 and she gets paid once a month, how much is withheld from her gross income for state income tax each pay period?\na. $128.92\nb. $1289.25\nc. $1074.37\nd. $107.43

question 7 of 10\njuliana lives and works in pennsylvania, which has a flat state income tax of 3.07%. if her annual salary is $41,995 and she gets paid once a month, how much is withheld from her gross income for state income tax each pay period?\na. $128.92\nb. $1289.25\nc. $1074.37\nd. $107.43

Answer

Answer:

A. $128.92

Explanation:

Step1: Calculate annual state - income tax

Annual tax = Annual salary×Tax rate. Given annual salary = $41995 and tax rate = 3.07% = 0.0307. So, annual tax = $41995×0.0307=$1289.2465.

Step2: Calculate monthly state - income tax

Monthly tax = Annual tax÷12. So, monthly tax = $\frac{1289.2465}{12}\approx128.92$.