Question

Mr. Hernandez, who was a resident of State X for
only 8 months last year, had a taxable income of
$22,500 for the year. If the state tax rate were 4
percent of the year's taxable income prorated for
the proportion of the year during which the taxpayer
was a resident, what would be the amount of Mr.
Hernandez's State X tax for last year?
​

Answer 1

Answer:

$600

Step-by-step explanation:

amount(p) = 22500

rate(r) = 4%

duration(t) = 8 months = 2/3 years

tax amount = (p* t* r)/100

                 = (22500*4*(2/3))/100

                 = 600$

Answer 2

Answer:

600

Step-by-step explanation:

12 month salary is 22,500

so the salary for 8 month will be 15,000

and According to 4 Percent tax rate tax for 15,000 is 600 for 8 months as he was in the state for 8 months only.