Calculator b. During the offered a new job that has greater future potential than her current job. If she accepts the job offer, her Tax year, Joyce is net cash flow if she accepts the new job. use the earnings for the year $39,000. Determine the increase or decrease in Joyce's will be Rate Schedule when computing her income tax New Job old Job Tax calculation $39,000 $33,000 Salary 9,300 V 9,300 Less: standard deduction v Less: personal and dependency exemptions 12,150 v 12,150 11,550 v 17,550 Taxable income Income tax 1,189 v 2,453 Less: earned income credit 4,050 X 4.050 x Net tax due or refund After-tax cash flow: $39,000 $33,000 Salary Less: net tax due or add refund 12.36 PM After-tax cash flow A 40 Monday Calculator b. During the offered a new job that has greater future potential than her current job. If she accepts the job offer, her Tax year, Joyce is net cash flow if she accepts the new job. use the earnings for the year $39,000. Determine the increase or decrease in Joyce's will be Rate Schedule when computing her income tax New Job old Job Tax calculation $39,000 $33,000 Salary 9,300 V 9,300 Less: standard deduction v Less: personal and dependency exemptions 12,150 v 12,150 11,550 v 17,550 Taxable income Income tax 1,189 v 2,453 Less: earned income credit 4,050 X 4.050 x Net tax due or refund After-tax cash flow: $39,000 $33,000 Salary Less: net tax due or add refund 12.36 PM After-tax cash flow A 40 Monday