The tables to the right show recent state income tax schedules for individuals and married couples. SINGLE, MARRIED FILING SEPARATELY, OR HEAD OF HOUSEHOLD If taxable income is Over so But Not Over Tax Due Is $15,000 3% of taxable income (A) Write a piecewise definition for the tax due T(x) on an income of x dollars for an individual. $450 plus 6.3% of excess over $15,000 $1,395 plus 6.4% of excess over $30,000 $15,000 $30,000 if 0sxs 15,000 $30,000 T(x) =- if 15,000
The tables to the right show recent state income tax schedules for individuals and married couples. SINGLE, MARRIED FILING SEPARATELY, OR HEAD OF HOUSEHOLD If taxable income is Over so But Not Over Tax Due Is $15,000 3% of taxable income (A) Write a piecewise definition for the tax due T(x) on an income of x dollars for an individual. $450 plus 6.3% of excess over $15,000 $1,395 plus 6.4% of excess over $30,000 $15,000 $30,000 if 0sxs 15,000 $30,000 T(x) =- if 15,000
Chapter14: Property Transactions: Capital Gains And Losses, § 1231, And Recapture Provisions
Section: Chapter Questions
Problem 66P
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25. Please make sure answer in decimals. im leaving an example down
Transcribed Image Text:The tables to the right show recent state income tax schedules for individuals and married couples.
SINGLE, MARRIED FILING SEPARATELY, OR
HEAD OF HOUSEHOLD
If taxable income is
Over
$0
But Not Over Tax Due Is
(A) Write a piecewise definition for the tax due T(x) on an income of x dollars for an individual.
$15,000
3% of taxable income
$450 plus 6.3% of excess
over $15,000
$1,395 plus 6.4% of excess
over $30,000
$15,000 $30,000
if 0sxs 15,000
$30,000
T(x) =
if 15,000 <x<30,000
if 30,000 <x
MARRIED FILING JOINTLY OR QUALIFIED
SURVIVING SPOUSE
(Simplify your answers. Use integers or decimals for any numbers in the expressions.)
If taxable income is
Over
$0
But No
Тax
Is
$30,000
3% of taxable income
$900 plus 6.3% of excess
over $30,000
$2,790 plus 6.4% of excess
over $60,000
$30,000 $60,000
$60,000
Transcribed Image Text:The tables to the right show recent state income tax schedules for individuals and married couples.
A) Write a piecewise definition for the tax due T(x) on an income of x dollars for an individual.
0.03x
if 0<x< 15,000
T(x) = .
375 + 0.055x if 15,000 <x<30,000
- 675 + 0.065x if 30,000 <x
Simplify your answers. Use integers or decimals for any numbers in the expressions.)
B) Determine the graph of T(x).
O A.
В.
1500-
1500-
0-
0-
30000
30000
Income ($)
Income ($)
D.
Q
1500-
1500-
0-
0-
30000
Income ($)
30000
Income ($)
Taxes paid ($)
Taxes paid ($)
Taxes paid ($)
Taxes paid ($)
(...
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