Question

the reed family makes $71,800 annually and has 2 children. the income tax rate is 1.7% and there is a $3,000 exemption for each person. true or false: the state income tax for the reed family is $3,810.60.
true
false

Explanation:

Step1: Calculate total exemptions

Assume 4 family members (2 parents + 2 children): $3000 \times 4 = 12000$

Step2: Compute taxable income

$71800 - 12000 = 59800$

Step3: Calculate tax

$59800 \times 0.07 = 4186$

Step4: Compare calculated vs given tax

$4186
eq 3810.60$ → Statement is false.

Answer:

False