castanonesther543 castanonesther543

06-03-2020
Mathematics

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Illinois has a flat income tax rate of 5.00%. How much state income tax, in dollars, does a person with a taxable income of $60,000 owe? Round your answer to the nearest dollar.

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Danboghiu66 Danboghiu66

06-03-2020

We need to compute 5% out of $60K.

Tax: 5%×60000=5/100×60000=5×600=$3000

Answer: $3000

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