Question: Im going to send this entire practice because its connected and i dont understand it. DRE NWSA 20-2 X RapidIdenti X Taxes, Hous x Taxes,

Im going to send this entire practice because its connected and i dont understand it.

Im going to send this entire practice because itsIm going to send this entire practice because itsIm going to send this entire practice because its
DRE NWSA 20-2 X RapidIdenti X Taxes, Hous x Taxes, Hous X Copy of [Tel X Copy of [Tel X Sports are ( X Role of spo x Course Her X + X C D docs.google.com/document/d/1A3TnFIHYYQv3mK_IzMqLDxyuzo-kxrBceOufgGyPSYA/edit student.cms.k12.nc.us bookmarks om Charlotte-Mecklenburgon Information. G Google G Google G Day 1 of the Doodle. Horizon Information. G & My Drive - Google D. >Reading list Taxes, Housing, Transportation practice * 6 Share File Edit View Insert Format Tools Add-ons Help Accessibility Last edit was seconds ago 100% Normal text Arial - 11 B I U A . C PO . E BEE. EEX 31 3 1 1 1 1 1 1 1 4 1 1 1 1 1 1 1 5 1 1 1 1 1 1 1 6 1 1 1 17 1 1 1 Tax Rate for Salary Range Taxed Range of Income Single Filers at that Level that is Taxed Scenario 2 10% $0- $9,525 $0- $9,525 ($9,525) Housing 12% $9,526 - $38,700 $9,526 - $38,700 ($29,175 Transportation 22% $38,701 - $82,500 $38,701 - $82,500 ($43,800) 24% $82,501- $157,500 $82,501- $157,500 + ($75,000) 32% $157,501 - $200,000 $157,501 - $200,000 ($75,200) 35% $200,001- $500,000 $200,001- $500,000 ($300,000) 37% $500,001 and up $500,001 and up Calculating Taxes (State and Federal) Scenario 1 1. Joe is a banker working at Bank of America in Charlotte, earning $50000 a year. Using the table above, calculate his federal income tax rate for the year. + O ams A US 2 9 # 4:07DRE NWSA 20-2 X RapidIdenti X Taxes, Hous x Taxes, Hous X Copy of [Tel X Copy of [Tel X Sports are ( X Role of spo x Course Her X + X C D docs.google.com/document/d/1A3TnFIHYYQv3mK_IzMqLDxyuzo-kxrBceOufgGyPSYA/edit student.cms.k12.nc.us bookmarks om Charlotte-Mecklenburgon Information. G Google G Google G Day 1 of the Doodle. Horizon Information. G & My Drive - Google D. >Reading list Taxes, Housing, Transportation practice * 6 Share File Edit View Insert Format Tools Add-ons Help Accessibility Last edit was 2 minutes ago 100% Normal text Arial - 11 1 + B I U A / C P O . E . BEE E. EEX A 31 . 1 . 3 1 . 5. Assume Julie is married, filing separately for her state taxes. California employs a variable state income tax based on income. Using the Chart below, calculate Julie's state income tax paid. Scenario 2 $41,629 - $52,612 8.00% Housing $52,612 - $268,750 9.30% Transportation 6. What is Julie's net yearly income? + Housing Scenario: You have recently graduated from college with an engineering degree, making $70000/year. You want to live in Raleigh, NC in a 2 bedroom, 2 bath apartment, with one of your college friends, who also got a job in the area. 1. Calculate your monthly gross income. + 2. You and your roommate decide you can afford $2500 for your total living allowances, and will O ams US 3 9 4:08DRE NWSA 20-2 X RapidIdenti X Taxes, Hous x Taxes, Hous X Copy of [Tel X Copy of [Tel X Sports are ( X Role of spo x Course Her X + X C D docs.google.com/document/d/1A3TnFIHYYQv3mK_IzMqLDxyuzo-kxrBceOufgGyPSYA/edit student.cms.k12.nc.us bookmarks om Charlotte-Mecklenburgon Information. G Google G Google G Day 1 of the Doodle. Horizon Information. G & My Drive - Google D. >Reading list Taxes, Housing, Transportation practice * 6 Share File Edit View Insert Format Tools Add-ons Help Accessibility Last edit was 3 minutes ago 100% Normal text Arial - 11 + B J U A / C P O . E . BE E . E . E E X A 31 3 1 1 4 . 1 5 . ' 1 16 . . 1 17 . You live in Raleigh, but your job is in Greensboro. You need a car to get to work. This will be your first car, since you had access to public transit throughout college to get around Scenario 2 1. You decide for your first car, you would like to buy new. You purchase a 2018 Chevy Housing Cruze for $22000. You are financed through the dealership with a 5.75% interest rate, for Transportation a term of 60 months. How much will your monthly car payment be? + 2. Your car averages 40 miles per gallon on the highway. Your commute to work is a 20 mile drive straight down 185. How many gallons of gas will you burn in a day? 3. Your car has a 12 gallon gas tank. How many miles can you drive until you have to refill your car with gas, assuming you drive from a full tank of gas all the way to empty. 4. Assuming gas is an average of $2.75/gallon, how much will it cost you to fill up your tank per week? What's your monthly bill for gasoline? 3 of 3 5. If your car insurance is $100/month. What is your total car bill per month? Add your monthly + car payment, gas bill, and insurance to calculate this O ams US 2 9 4:08

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