ok I need help with this problem, I think I set it up as a percentage problem, but unsure???

0 ⤊

Can you help me please?

If you pay 32% of your income in taxes and your income after taxes is $23,256, what is your gross (before taxes) income?

2007-11-07 05:52:57 · 3 answers · asked by smiles4u 3 in Education & Reference ➔ Homework Help

30,698.92

2007-11-07 06:01:42 · answer #1 · answered by Early Cuyler 2 · 0⤊ 0⤋

if you pay 32% in taxes that means you take home 68% so 23,256/.68 so you make 34200 before taxes

2007-11-07 06:01:47 · answer #2 · answered by Sammy 3 · 0⤊ 0⤋

Let IBT be Income before taxes

IBT x .68 = 23256

IBT = 23256/.68

2007-11-07 05:58:09 · answer #3 · answered by hottotrot1_usa 7 · 0⤊ 0⤋