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The 5% of 5800$ is 5800x5/100=290$

So your tax is 290$+100$=390$ wrong the 5% is only applicable to the $1300 from 4500 to 5800 which would = $65 plus the 100 = 165 5800-4500=1300 .05 * 1300= 65 65+100=165

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Q: If your taxable income is form 4000-7499 your tax is 100 plus 5 percent of any amount above 4500 how much tax in dollars is due on a taxable income of 5800?
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If your taxable income is from 4000.00 7499.00 your tax is 100 plus 5 percent of any amount 4500.00 how much tax in dollars is due on a taxable income of 5800.00?

How about this amount 1300 X .05 = 65 + 100 = 165


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So you have 100 plus 5 percent of the amount over 4000. 2999 X .05 WOULD BE 120 PLUS THE 100 WOULD 220 CORRECT.


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