Use Tax Schedule Y-1 from Example 1 and Exercises 5 and 6. Select any income. Write an equation for that income for the three different years.

Data From Exercise 6

Use the 2012 Schedule Y-1 for a married taxpayer filing jointly. Write the piecewise function for the tax intervals.

Transcribed Image Text:

2012 Tax Rate Schedule Schedule Y-1-If your filing status is Married filling jointly or qualifying widow(er) The tax is: If your taxable income is: Over- $0 17,400 70,700 142,700 217,450 388,450 But not over- $17,400 70,700 142,700 217,450 388,350 10% $1,740.00 + 15% 9,735.00 + 25% 27,735.00 +28% 48,665.00+ 33% 105,062.00 + 35% of the amount over- $0 17,400 70,700 142,700 217,450 388,350