Marginal tax rates Using the tax rate schedule given here i, perform the following: a. Find the marginal tax rate for the following levels of sole proprietorship earnings before taxes: $14,700; $59,500; $89,600; $156,000; $247,000; $456,600; and $1 million. b. Plot the marginal tax rates (measured on the y-axis) against the pretax income levels (measured on the x-axis).

Using the tax rate schedule given here LOADING..., perform the following: a. Find the marginal tax rate for the following levels of sole proprietorship earnings before taxes: $ 15 000; $ 60 000; $ 90 000; $ 150 000; $ 250 000; $ 450 000; and $1 million. b. Plot the marginal tax rates (measured on the y-axis) against the pretax income levels (measured on the x-axis) $0 to $9,875 $0 (10% amount over $0) 9,876 to 40, 125 988 + (12% amount over 9, 876) 40, 126 to 85, 525 4,618 + (22% amount over 40, 126) 85,526 to 163, 300 14, 606 + (24% amount over 85, 526) 163, 301 to 207, 350 33, 272 + (32% amount over 163, 301) 207, 351 to 518, 400 47,368 (35% amount over 207, 351) 518,401 to Unlimited 156, 235 (37% amount over 518, 401)

What is the tax on a property with an assessed value of $88,700 if the tax rate is 4.5% of the assessed value? Property tax = $(Round to the nearest cent.)

which of these two has a higher after-tax yield, assuming a 21% income tax bracket? a. 4.00% taxable         b. 3.25% tax-free band

I am working on creating an excel sheet using tax brackets. Can you please assist me with an excel formula that would automatically calculate the tax with the following bracket: Cumulative Tax Income Less than 22,000 22,000 89,450 190,750 364,200 462,500 693,750 Rate 10% 12% 22% 24% 32% 35% 37% $2,200 10,294 32,580 74,208 105,664 186,602 My objective is to determine net income after taxes. I need to determine the formula so I can automatically calculate tax based on the respective tax rates when typing in their income. I have figured out the other part, but am not sure with the IF/Then formula. Thank you! Taxable Income 72,300 Federal Income Tax ??????

First, explain the difference between marginal and average tax rates. Looking at a recent statement for Nvidia what is their marginal tax bracket? Provide a link to a recent income statement and current tax rates that you used.

Calculate the federal income tax liability, marginal tax rate, and average tax rate for each of the following scenarios. Assume the following for all scenarios: all income is traditionally earned, the maximum allowable standard deduction is taken, and no other deductions/credits are applied

. What is the 'low income tax offset' (LITO)? What is the maximum LITO amount payable toeligible taxpayers?   PLEASE PUT 3 REFERENCES

A tax that requires a higher-income person to pay a higher percentage of his or her income in taxes is called a ____ tax.   a. proportional  b. progressive c.marginal  d. regressive

The equivalent after-tax return for an investment is computed a O ● Pretax return / (1 - tax rate) O Pretax return / tax rate Pretax return * tax rate O Pretax return * (1 - tax rate)