COME An 10 B 1 Currency - B C D E F G 1 Personal taxes 2 3 Salary $111.000.00 Tax Table for Single Individuals Taxable income $20,000.00 $7,800.00 $24,000.00 $5,300.00 $11,500.00 $5.400.00 $4,000.00 $7,500.00 15.00% Percentage Amount Paid on Excess on Base over Base $0.00 $0.00 10.00% $9.225.00 $92250 15.00% $37450.00 $5,156 25 25.00% $90,750.00 $18.461.25 28.00% $189,750.00 $46.675 25 33.00% $111,500.00 $11940125 35.00% $413,200.00 $110,00625 30 60% 4 Dividend Income Sinterest Income 6 LT Stock Sale 7 LT Stock Cost BST Stock Sale 9 ST Stock Cost 10 Personal Exemption 11 Hemed Deductions 12 Aplicable Tax Rate on Dividende & LT Capital Gains 14 aCalculation of Federal Tax Liability 15 Calculation of Taxable income 16 Salary 17 Interest Income 18 ST Capital Gains 19 Income before Exemption and Deductions 20 Personal Exemption 21 Hemed Deductions 22 Taxable income before Dividends & LT Capital Gains 23 24 Taxes on Taxable income Before Dividends & LT Capital Gains 25 Tox Liability on Base of Bracket 26 Tax Liability on Excess over Base 27 Tax on Taxable income before Dividends & LT Capital Gains 28 29 Taxes on Dividends & LT Capital Gains 30 Dividend Income 31 LT Capital Gains Income 32 Total Dividend & LT Capital Gains Income 33 Taxon Dividends & LT Capital Gains Income 14 Formulas WNA ANIA UNA WNIA WNIA BNIA ANA UNA NA NA ANIA ONIA WNIA ANIA #N/A #N/A #NA #N/A #N/A #N/A #N/A 9 Income before Exemption and Deductions 30 Personal Exemption 1 itemized Deductions 2 Taxable income before Dividends & LT Capital Gains 13 +4 Taxes on Taxable income Before Dividends & LT Capital Gains: 25 Tax Liability on Base of Bracket 26 Tax Liability on Excess over Base 27 Tax on Taxable income before Dividends & LT Capital Gains 28 19 Taxes on Dividends & LT Capital Gains BO Dividend Income 31 LT Capital Gains Income 32 Total Dividend & LT Capital Gains Income 33 Tax on Dividends & LT Capital Gains Income 34 35 Total Federal Tax Liability 36 37 b. Calculation of Marginal Tax Rate 38 Marginal Tax Rate 39 40 c. Calculation of Average Tax Rate 41 Average Tax Rate 42 43 44 #NA #N/A #N/A #N/A #N/A WNA #NA 145