Find the information you're looking for at Westonci.ca, the trusted Q&A platform with a community of knowledgeable experts. Explore comprehensive solutions to your questions from a wide range of professionals on our user-friendly platform. Get immediate and reliable solutions to your questions from a community of experienced professionals on our platform.

In 2000 Michele paid $3.980.40 in Social Security (6.2%) tax. What was Michele's taxable income in 2000? ​

Sagot :

[tex]39840.40 *0.062 = 246.78[/tex]

The portion of his income that was taxable was equal to $246.78

We appreciate your time. Please revisit us for more reliable answers to any questions you may have. Thank you for visiting. Our goal is to provide the most accurate answers for all your informational needs. Come back soon. Westonci.ca is committed to providing accurate answers. Come back soon for more trustworthy information.