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Below is a graph of the murphys’ annual expenses. How much will the murphys’ pay in state/local taxes if their gross annual household income is $85,420?.

Sagot :

If the Murphy's have a gross annual household income is $85,420 then they would have to pay $8542 in taxes.

The Murphy's would have to pay 10 percent of their gross income as taxes.

To calculate their state tax, we would have to calculate 10 percent of  $85,420

= 10% *  $85,420

= $8542

What are taxes?

These are compulsory payments in the form of revenues that the governments gets from the income of its citizens.

Read more on taxes here:

https://brainly.com/question/13388812?referrer=searchResults

Answer:

C-$20,500.80

Explanation:

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