Use Piecewise Functions to determine taxes. Determine an Effective Tax Rate What is your dream job...

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Use Piecewise Functions to determine taxes. Determine an Effective Tax Rate What is your dream job and research the average salary. Below I've copied the tax bracket for single filers. Use it to compute how much you'll need to pay in taxes for your dream job. Then find your effective tax rate (actual amount of tax paid/total income). The individual deduction for 2023 is $13,850 for a single person. Subtract this off your salary before you calculate your tax. 2023 tax brackets: single filers Tax Rate Taxable income bracket 10% $0 to $11,000. Tax owed 10% of taxable income. 12% $11,001 to $44,725. $1,100 plus 12% of the amount over $11,000. 22% $44,726 to $95,375. $5,147 plus 22% of the amount over $44,725. 24% $95,376 to $182,100. $16,290 plus 24% of the amount over $95,375. 32% $182,101 to $231,250. $37,104 plus 32% of the amount over $182,100. 35% $231,251 to $578,125. $52,832 plus 35% of the amount over $231,250. 37% $578,126 or more. $174,238.25 plus 37% of the amount over $578,125. Use Piecewise Functions to determine taxes. Determine an Effective Tax Rate What is your dream job and research the average salary. Below I've copied the tax bracket for single filers. Use it to compute how much you'll need to pay in taxes for your dream job. Then find your effective tax rate (actual amount of tax paid/total income). The individual deduction for 2023 is $13,850 for a single person. Subtract this off your salary before you calculate your tax. 2023 tax brackets: single filers Tax Rate Taxable income bracket 10% $0 to $11,000. Tax owed 10% of taxable income. 12% $11,001 to $44,725. $1,100 plus 12% of the amount over $11,000. 22% $44,726 to $95,375. $5,147 plus 22% of the amount over $44,725. 24% $95,376 to $182,100. $16,290 plus 24% of the amount over $95,375. 32% $182,101 to $231,250. $37,104 plus 32% of the amount over $182,100. 35% $231,251 to $578,125. $52,832 plus 35% of the amount over $231,250. 37% $578,126 or more. $174,238.25 plus 37% of the amount over $578,125.

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