group practice: 1. dean delgado earns $43,500 annually. married, no dependents. state tax rate 4.6 percent…

group practice: 1. dean delgado earns $43,500 annually. married, no dependents. state tax rate 4.6 percent. c. what are his personal exemptions? d. what is withheld for state taxes?

group practice: 1. dean delgado earns $43,500 annually. married, no dependents. state tax rate 4.6 percent. c. what are his personal exemptions? d. what is withheld for state taxes?

Answer

Explanation:

Step1: Determine personal exemptions

In the absence of specific information about personal - exemption rules in this context, assume a common situation where a married person with no dependents has a certain personal exemption amount. However, without further tax - law details, we'll focus on the state - tax calculation. For simplicity, if we assume standard rules where married filing jointly might have a combined personal exemption, but since no value is given for the exemption amount in general tax law terms here, we note that more information is usually needed. But for the state - tax calculation part, we can move on.

Step2: Calculate state - tax withholding

The formula for calculating the amount withheld for state taxes is $Amount\ withheld=Annual\ income\times State\ tax\ rate$. Given that the annual income is $$43,500$ and the state tax rate is $4.6%$ or $0.046$ in decimal form. $43500\times0.046$ $43500\times0.046 = 435\times4.6=435\times(4 + 0.6)=435\times4+435\times0.6=1740+261=$2001$

Answer:

C. Insufficient information to determine personal exemptions. D. $$2001$