If Taxable Income Is Between: 0-$9,875 $9,876-$40,125 $40,126-$85,525 $85,526-$163,300 $163.301-$207,350 $207,351-$518,400 $518.400 The Tax Due is:...

 
 
 

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If Taxable Income Is Between: 0-$9,875 $9,876-$40,125 $40,126-$85,525 $85,526-$163,300 $163.301-$207,350 $207,351-$518,400 $518.400 The Tax Due is: 10% of taxable income $987.50+12% of the amount over $9,875 $4,617,50 +22% of the amount over $40,125 $14,605.50 +24% of the amount over $85,525 $33,271.50 + 32% of the amount over $163,300 $47,367.50 + 35% of the amount over $207,350 $156,235 +37% of the amount over $518,400 This tax table can be modeled by a piecewise function, where a represents the taxable income of a taxpayer and T (x) is the tax owed. a) Write a piecewise function for individual taxpayers from the data given in the table. b) How much taxes an individual needs to pay if the 2020 income is $7,000. c) How much taxes an individual needs to pay if the 2020 income is $30, 000. d) How much taxes an individual needs to pay if the 2020 income is $120,000. If Taxable Income Is Between: 0-$9,875 $9,876-$40,125 $40,126-$85,525 $85,526-$163,300 $163.301-$207,350 $207,351-$518,400 $518.400 The Tax Due is: 10% of taxable income $987.50+12% of the amount over $9,875 $4,617,50 +22% of the amount over $40,125 $14,605.50 +24% of the amount over $85,525 $33,271.50 + 32% of the amount over $163,300 $47,367.50 + 35% of the amount over $207,350 $156,235 +37% of the amount over $518,400 This tax table can be modeled by a piecewise function, where a represents the taxable income of a taxpayer and T (x) is the tax owed. a) Write a piecewise function for individual taxpayers from the data given in the table. b) How much taxes an individual needs to pay if the 2020 income is $7,000. c) How much taxes an individual needs to pay if the 2020 income is $30, 000. d) How much taxes an individual needs to pay if the 2020 income is $120,000.

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a The piecewise function representing the tax owed T based on taxable income ... View the full answer