Using the tax schedule below, which equation would you use to calculate the tax for a couple with taxable income of $188,500? Taxable Income.
If line 10 is-
At least $100,000 but not over $165,000
Over $165,000 but not over $315,000
Over $315,000 but not over $400,000
Over $400,000 but not over $600,000
Over $600,000
(a)
Enter the amount
from line 10
$
$
$
$
s
(6)
(c)
Multiplication
Multiply
amount (a) by )
x 22% (0.22) S
x 24% (0.24) S
X 32% 0.32) $
x 35% (0.35) s
x 37% (0.37) IS
(d)
Subtraction amount
$ 8,121.00
$11,421.00
$36,621.00
$48.621.00
$60,621.00
Tax.
Subtract (d) from (c)
Enter the result here
and on the entry
space on line 112
$
S
$
$
$