Use an IF function with nested VLOOKUP functions to calculate the Federal Income Tax Rate.The federal tax
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Use an IF function with nested VLOOKUP functions to calculate the Federal Income Tax Rate.The federal tax rate is a function of the adjusted income and the employee's marital status.Reference the tax tables in the Model Assumptions and the marital status in the Employee Information section to construct a formula set of nested formulas to calculate the tax rate.
Related Book For
A Survey of Mathematics with Applications
ISBN: 978-0134112107
10th edition
Authors: Allen R. Angel, Christine D. Abbott, Dennis Runde
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