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was $ 6 3 0 0 and the personal exemption was $ 4 0 0 0 . The 2 0 1 5 tax rates vary
was $ and the personal exemption was $ The tax rates vary by income bracket and are given in the table below.
$ deduction and the $ exemption to get a taxable income of $$$$ Then to compute the tax liability you have:
TotalTax
which equals $ You can calculate an "effective tax rate" based on the original income as
EffectiveTaxRate
which equals
not percent as the second output of the function.
Function
function TotalTax EffectiveTaxRate studentsolutionIncome
TotalTax Income; replace with your own calculation using the function input variables
EffectiveTaxRate Income;USE
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