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Below are the instructions to calculate taxes due at the 2022 Tax Rate Schedule for people filing as single with a taxable income over $100,000.
Below are the instructions to calculate taxes due at the 2022 Tax Rate Schedule for people filing as "single" with a taxable income over $100,000. Let T(x) represent the taxes due for someone with a taxable income of x. Schedule A - Single 1. Find T(160,000),T(200,000),T(400,000) and T(539,900.01). Let's explore what happens when individuals change tax brackets. 2. When the taxable income changes from just below 170,050 to just over 170,050 , what happens to the tax amount? 3. When the taxable income changes from just below $215,950 to just above $215,950, what happens to the tax amount? 4. Is it possible that a raise at work can leave you with less take-home income? 5. Is T(x) a function? Explain your reasoning. 6. Express T(x) as a piecewise defined function. (I've started the notation for you.) T(x)={0.37x37045100,000
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