Two 2018 Tax Rate Schedules are given in the accompanying table. If x equals taxable income and
Question:
Two 2018 Tax Rate Schedules are given in the accompanying table. If x equals taxable income and y equals the tax due, construct a function y = f(x) for Schedule X.
Transcribed Image Text:
If Taxable Income is Over Schedule X-Single The Tax is This Amount But Not Over $0 $9,525 $0 + 9,525 38,700 952.50 + 38,700 82,500 4,453.50 + 82,500 157,500 14,089.50 + 157,500 200,000 32,089.50 + 200,000 500,000 45,689.50 + 500,000 150,689.50 + Plus This % 10% 12% 22% 24% 32% 35% 37% 2018 Tax Rate Schedules Of the Excess Over $0 9,525 38,700 82,500 157,500 200,000 500,000 Schedule Y-1-Married Filing Jointly or Qualified Widow(er) Of the The Tax is This Amount Excess Over If Taxable Income is Over Plus This% But Not $0 Over $19,050 77,400 $0 + 10% 19,050 1,905 + 12% 77,400 165,000 8,907.00 + 22% 165,000 315,000 28,179.00 + 24% 32% 315,000 400,000 400,000 64,179.00 + 600,000 91,379.00 + 600,000 161,379.00 + 35% 37% $0 19,050 77,400 165,000 315,000 400,000 600,000
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 50% (12 reviews)
For schedule X 010x 95250 ...View the full answer
Answered By
Shubham Gawade
Hello there,
Most of my areas of teaching includes helping students who are preparing for competitive exams (academics, Engineering Services,CAT,LSAT,MCAT etc).
Additionally I help students for their academic project abstracts, thesis,Mechanical engineering related analysis using tools like ansys.
0.00
0 Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Mathematics questions
-
Two 2009 Tax Rate Schedules are given in the accompanying table. If x equals taxable income and y equals the tax due, construct a function y = f(x) for Schedule X. REVISED 2009 TAX RATE SCHEDULES...
-
Refer to the 2018 tax rate schedules. If x equals taxable income and y equals the tax due, construct a function y = f(x) for Schedule Y-1. If Taxable Income is Over $0 9,525 38,700 82,500 157,500...
-
Refer to the revised 2009 tax rate schedules. If x equals taxable income and y equals the tax due, construct a function y = f(x) for Schedule Y-1. Revised 2009 tax rate schedules REVISED 2009 TAX...
-
Estimate the errors involved in Exercise 63, parts (a) and (b). How large should be in each case to guarantee an error of less than 0.00001?
-
1. Do you think the company should offer merit pay increases? Why or why not? 2. If the company chooses not to offer the merit pay increases, how should they approach explaining the decision to the...
-
Record the following transactions into the general journal of Orange Company of Surrey. Feb. 6 17 23 30 11 15 Purchased land for $90,000. The $90,000 included legal fees of $6,000 Orange Company...
-
In spring 1989, Michael Jordan and the Chicago Bulls were in Indianapolis, Indiana, to play against the Indiana Pacers. At the same time, Karla Knafel was singing with a band at a hotel in...
-
Sid Patel bid for and won a concession to rent bicycles in the local park during the summer. During the month of April, Patel completed the following transactions for his bicycle rental business:...
-
Let G = (V,E) be a simple graph with |V| 2. The complement graph G of G is the simple graph whose vertex set is V and whose edge set consists of all the edges that have as endpoints nonadjacent...
-
In Problems 3760, graph each function using the techniques of shifting, compressing, stretching, and/or reflecting. Start with the graph of the basic function (for example, y = x 2 ) and show all the...
-
In Problems 3760, graph each function using the techniques of shifting, compressing, stretching, and/or reflecting. Start with the graph of the basic function (for example, y = x 2 ) and show all the...
-
Expand the expression. If possible, write your answer without exponents. logs x + y 2 + 1
-
Ratio of liabilities to stockholders' equity and times interest earned The following data were taken from the financial statements of Hunter Inc. for December 31 of two recent years: Current Year...
-
is president roosevelt's 1932 salary of 75 dollars be higher then president bidens salary of 400,000 dollars?assume the cpi for 1931 was 15.1 and the cpi and the cpi for 2023 is 303.4. be sure to...
-
Santosh Kshirsagar, age 20 is not waiting to complete his graduation, to apply the theories he has learned in his classes to the real world. In the summer of the year 2016 the soon-to-be third year...
-
How would you characterize your personal organizational leadership skills? What are your aspirations from a developmental perspective? Where would you like to see your career head and what steps can...
-
Net income Interest expense FISC Year 3 Fiscal Year 2 $138,400 $71,300 2,800 10,600 Total assets (at end of fiscal year) Fiscal Year 3 Fiscal Year 2 Fiscal Year 1 Total stockholders' equity (at end...
-
Selma and Patty Bouvier are twins and both work at the Springfield DMV. Selma and Patty Bouvier decide to save for retirement, which is 35 years away. Theyll both receive an 8 per-cent annual return...
-
A 2500-lbm car moving at 15 mi/h is accelerated at a constant rate of 15 ft/s 2 up to a speed of 50 mi/h. Calculate force and total time required?
-
Find a rational function f having the graph shown. 3. -3 t. -3
-
Find all complex zeros of each polynomial function. Give exact values. List multiple zeros as necessary. (x) = 32x 4 - 188x 3 + 261x 2 + 54x - 27
-
Find all complex zeros of each polynomial function. Give exact values. List multiple zeros as necessary. (x) = 2x 4 - x 3 + 7x 2 - 4x - 4
-
1. Analyze the demand for the hire of sunbeds and discuss ways to cope with fluctuating demand. 2. What is the most important dimension in determining customer evaluation of service quality? 3....
-
A company's warehouse has a picking accuracy rate of 98%. If they pick 1,000 orders, how many orders are picked accurately?
-
1. Relate the concepts of product, place/distribution, promotion and price to a marketing strategy aimed at preventing drug abuse. 2. What are the differences between clients, publics and consumers?...
Study smarter with the SolutionInn App