$0 to $9,525 $0 + (10% amount over $0)

9,525 to 38,700 953 + (12% amount over 9,525)

38,700 to 82,500 4,454 + (22% amount over 38,700)

82,500 to 157,500 14,090 + (24% amount over 82,500)

157,500 to 200,000 32,090 + (32% amount over 157,500)

200,000 to 500,000 45,690 + (35% amount over 200,000)

500,000 to 150,690 + (37% amount over 500,000)

+ amount over

Marginal tax rates Partner A, a single taxpayer, is one of two partners in a small business. As such, she receives pass-through income that is taxed at her personal tax rates. After all adjustments and deductions have been made, including the 20% qualified business income deduction, she is preparing to calculate her taxes owed for the year. Using the tax rate schedule given here

a. Find the marginal tax rate for the following levels of sole proprietorship earnings before taxes:

$ 16 comma 100$16,100;

$ 59 comma 300$59,300;

$ 91 comma 000$91,000;

$ 149 comma 000$149,000;

$ 253 comma 000$253,000;

$ 451 comma 000$451,000;

and

$ 1.4$1.4

million.b. Plot the marginal tax rates (measured on the

y-axis)

against the pretax income levels (measured on the

x-axis).

Explain the relationship between these variables.

a. The marginal tax rate for earnings before taxes of

$ 16 comma 100$16,100

is

nothing%.

(Round to the nearest integer.)

Securehttps://www.mathxl.com/student/PlayerHomework.aspx?homeworkld 501591584 IN 301 (1001- 1004) Principles of Managerial Finance F18 lomework: Chapter 1 Homework ore: 0 of 1 pt 8 of 10 (7 complete) HW Score: 68%, 61 -8 (similar to) Question Help arginal tax rates Partner A, a single taxpayer, is one of two partners in a small business. As suc e receives pass-through income that is taxed at her personal tax rates. After all adjustments and auctions have been made, including the 20% qualified business income ded. ction, she is prepar lculate her taxes owed for the year. Using the tax rate schedule given here , perform the follo Find the marginal tax rate for the following levels of sole proprietorship earnings before taxes: 6,100; $59,300; $91,000; $149,000; $253,000; $451,000; and $1.4 million. Plot the marginal tax rates (measured on the y-axis) against the pretax income levels (measured e x-axis). Explain the relationship between these variables. The marginal tax rate for earnings before taxes of $16,100 is %. (Round to the nearest integ er your answer in the answer box and then click Check Answer parts Check Answer O remaining Clear All