If 29% of Your Monthly Pay Is Withheld for Federal

question 149

Short Answer

If 29% of your monthly pay is withheld for federal income taxes and another 7% is withheld for Social Security, state income tax, and other miscellaneous items, leaving you with $984.50 a month in take-home pay, then the amount you earned before the deductions were removed from your check is given by the equation . Solve this equation to find your gross income. Round the answer to the nearest dollar. $ __________ per month