Federal Income Tax Two 2006 Tax Rate Schedules are given
Chapter , Problem 3.4.51(choose chapter or problem)
Federal Income Tax Two 2006 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 2006 TAX RATE SCHEDULES Schedule X- Single If Taxable The Tax Is Plus Of the Income But Not This This Excess Is over over Amount % over 0 7550 0.00 + 1 0% $0 7550 30,650 755.00 + 1 5% 7550 30,650 74,200 4220.00 + 25% 30,650 74,200 1 54,800 1 5,1 07.50 + 28% 74,200 1 54,800 336,550 37,675.50 + 33% 1 54,800 336,550 97,653.00 + 35% 336,550 Source: Internal Revenue Service Schedule Y-l -Married Filing jointly or qualifying Widow(er) If Taxable The Tax Is Plus Of the Income But Not This This Excess Is over over Amount % over $0 1 5,1 00 0.00 + 1 0% $0 1 5,1 00 61,300 1 51 0.00 + 1 5% 1 5,100 61,300 1 23,700 8440.00 + 25% 61 ,300 1 23,700 1 88,450 24,040.00 + 28% 1 23,700 1 88,450 336,550 42,1 76.00 + 33% 1 88,450 336,550 - 91 ,043.00 + 35% 336,550
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