If Jose earns $1700 this year selling t-shirts he screenprints in his garage, what taxes would he need to pay?
Answers
Answered by
3
Answer:
$170
Step-by-step explanation:
Jose earning = $1700
According to the 2019 Federal Income Tax brackets, a person earning between $0 - $9525 per annum is subjected to 10% tax for the tax that will be due in April 2020.
Therefore the tax to be paid by Joe is = 10% of 1700
= (10/100) x (1700) = 0.1 x 1700 = $ 170
Similar questions