To the nearest whole percent, what percent of the Tracer's annual receipts were their payments for housing?

To the nearest whole percent , what percent of the Trac er's annua l receipts were their payments for savings?

Change to a fraction in its simplest form.

$$\frac{\$ 27,400}{\$ 82,200}$$

Multiply and round to the nearest dollar.

$$\$ 205,645 \times 21.6 \%$$

Change to a fraction in its simplest form.

$$\frac{\$ 9,850}{\$ 59,100}$$

Change to a fraction in its simplest form.

$$\frac{\$ 10,756}{\$ 26,890}$$

$$\$ 35,290-\$ 1,549$$

Bo and Dan Brady’s income last year was: net income from business, $35,838.67; dividends,$2,312.98; interest, $3,517.45; rental income,$2,672. Adjustments to income totaled $4,628.83. Find their adjusted gross income

In one year, Nestor Ortiz’s wages totaled $29,450. His wife, Maria Gomez had a salary of$31,572 and a bonus of $500. The Gomezes also received$2,519 in interest and $953.37 in dividends. They paid$4,850 into a retirement fund and were penalized $52 for removing money from a savings plan early. What was their adjusted gross income that year?

John Bellows earned gross pay of $26,888 last year. He estimates his yearly benefits to be: paid pension,$1,828; health and life insurance, $1,654; paid vacations and holidays,$2,582; free parking, $237. What were his total job benefits for last year?

All the Madisons paid FICA taxes at $7.65 \%$ on their gross wages.

What total amount of state income, federal income, and FICA taxes did the parents pay?

The Madisons' son, Dwayne, earned $\$ 2,130$ last summer to help with the cost of his schooling. He also earned $\$ 84$ in interest through his savings account. His employer deducted $\$ 256$ in federal and $\$ 78$ in state withholding taxes. Dwayne needs to complete state and federal income tax returns in order to get refunds of the taxes that were withheld from his wages.

How much federal income tax refund should Dwayne expect?

The Madisons' son, Dwayne, earned $\$ 2,130$ last summer to help with the cost of his schooling. He also earned $\$ 84$ in interest through his savings account. His employer deducted $\$ 256$ in federal and $\$ 78$ in state withholding taxes. Dwayne needs to complete state and federal income tax returns in order to get refunds of the taxes that were withheld from his wages.

How much state income tax refund should Dwayne expect?

The Madisons also must complete a state income tax return and pay a tax on the amount of taxable income shown on their federal return.

The Madisons employer deducted $\$ 706$ in state withholding taxes during the year. Will they have to pay more state income taxes or will they receive a refund, and what is the amount?