Mr. Hernandez, who was a resident of State X for only 9 months last year, had a taxable income of $42,500 for the year. If the state tax rate were 4 percent of the year’s taxable income prorated for the proportion of the year during which the taxpayer was a resident, what would be the amount of Mr. Hernandez’s State X tax for last year?
Choose the correct choice from the following:  A) $900  B) $1275  C) $1200  D) $1300  E) $1060
Total tax for the year = 42,500 x 4% = 1700   As stated Annual tax is prorated as per the duration of stay.   Prorated Tax = 1700 (9/12) = 1275   Answer $1275
<result>B</result>
Mr. Hernandez, who was a resident of State X for only 9 months last year, had a taxable income of $42,500 for the year. If the state tax rate were 4 percent of the year’s taxable income prorated for the proportion of the year during which the taxpayer was a resident, what would be the amount of Mr. Hernandez’s State X tax for last year?