8. when determining whether you need to file a federal tax return, each of * 1 point these questions matters…

8. when determining whether you need to file a federal tax return, each of * 1 point these questions matters except... how much income did you earn this year? what type of income did you earn this year? what state do you live in? are you claimed as a dependent on anyone elses tax return? 9. juanita has a part - time job that pays $12/hour and works about 50 hours * 1 point every month. her withholdings are social security (6.2%), medicare (1.45%) and federal income tax (10%). what is her approximate net pay? $120 $500 $600 $700

8. when determining whether you need to file a federal tax return, each of * 1 point these questions matters except... how much income did you earn this year? what type of income did you earn this year? what state do you live in? are you claimed as a dependent on anyone elses tax return? 9. juanita has a part - time job that pays $12/hour and works about 50 hours * 1 point every month. her withholdings are social security (6.2%), medicare (1.45%) and federal income tax (10%). what is her approximate net pay? $120 $500 $600 $700

Answer

8.

Brief Explanations:

Federal tax - filing requirements are based on income amount, income type, and dependency status, not state of residence.

Answer:

What state do you live in?

9.

Explanation:

Step1: Calculate gross pay

Gross pay = Hourly rate×Hours worked. Juanita's hourly rate is $12 and she works 50 hours a month. So, gross pay = $12×50=$600.

Step2: Calculate total withholding percentage

Total withholding percentage = Social - Security percentage+Medicare percentage+Federal income - tax percentage. So, 6.2% + 1.45%+10%=17.65%.

Step3: Calculate net - pay percentage

Net - pay percentage = 100% - Total withholding percentage = 100% - 17.65% = 82.35%.

Step4: Calculate net pay

Net pay = Gross pay×Net - pay percentage. Net pay = $600×0.8235 = $494.1\approx$500.

Answer:

$500