2007-09-04 10:21:28 · 4 answers · asked by emely b 1 in Business & Finance ➔ Taxes ➔ United States
There is no such tax rate as 3.8%. And without knowing your taxable income, it's impossible to figure out how much your taxes will be at year end. If taxable income is $1,000 then tax at 3.8% would be $38, if taxable income is $2,000 then tax would be $76, etc.
2007-09-04 10:32:49 · answer #1 · answered by Anonymous · 1⤊ 0⤋
That sounds like maybe a state tax rate. That tax would be .038 times your annual income. There would also most likely be federal taxes - no way to guess how much that would be from the info you give.
2007-09-04 10:50:58 · answer #2 · answered by Judy 7 · 0⤊ 0⤋
Have never heard of a 3.8percent rate.
2007-09-07 06:41:44 · answer #3 · answered by taxpf 1 · 0⤊ 0⤋
Multiply your taxable income by .038.
2007-09-04 13:12:57 · answer #4 · answered by Bostonian In MO 7 · 0⤊ 0⤋