Problema Solution

YOU EARN 24000 TO 28000 ANNUALLY. IF YOU PAY 6.2% OF YOUR INCOME TOWARDS SOCIAL SECURITY AND 1.45% TOWARDS MEDICARE WHAT IS THE LEAST AMOUNT YOU MIGHT PAY IN fica TAX ON YOUR ANNUAL INCOME

Answer provided by our tutors

Let 'x' represent you might pay in tax.

0.062*24000 + 0.0145*24000 <= x

1836 <= x

You will pay at least $1,836 tax on you annual income.