write my assignment 14199

SHOW ALL WORKFor a taxpayer with Single Filing Status, the Federal Tax Rate Schedule for the year 2017 is as follows:  Taxable Income not over $9,325: 10% of the taxable income  Taxable Income over $9,325 but not over $37,950: $932.50 plus 15% of the excess taxable income over $9,325  Taxable Income over $37,950 but not over $91,900: $5,226.25 plus 25% of the excess taxable income over $37,950 Note: This is just the first three "brackets" but we'll stop here.4. We can think of our Income Tax Function as a piecewise function. I've given you a majority of the function describing the first three brackets. Note that ????(????) represents the tax liability and ???? represents the taxable income. (a) Fill in the missing information below: ????(????)={0.10????932.50+0.15(????−9325)________________+0.25(????− _________________) 0≤????≤93259325<????≤3795037950<????≤__________________ (b) Use the completed function to calculate the following tax liabilities:????(9000)=__________________________________????(12,000)=________________________________????(55,000)= ________________________________5. Now, graph the function on the axes below. Label each segment with its slope. Make sure the values you calculated in Question #4(b) agree with your graph!

SHOW ALL WORK

For a taxpayer with Single Filing Status, the Federal Tax Rate Schedule for the year 2017 is as follows:

 Taxable Income not over $9,325: 10% of the taxable income

 Taxable Income over $9,325 but not over $37,950: $932.50 plus 15% of the excess taxable income over $9,325

 Taxable Income over $37,950 but not over $91,900: $5,226.25 plus 25% of the excess taxable income over $37,950

Note: This is just the first three “brackets” but we’ll stop here.

4. We can think of our Income Tax Function as a piecewise function. I’ve given you a majority of the function describing the first three brackets. Note that ????(????) represents the tax liability and ???? represents the taxable income. (a) Fill in the missing information below: ????(????)={0.10????932.50+0.15(????−9325)________________+0.25(????− _________________) 0≤????≤93259325<????≤3795037950<????≤__________________

(b) Use the completed function to calculate the following tax liabilities:

????(9000)=__________________________________

????(12,000)=________________________________

????(55,000)= ________________________________

5. Now, graph the function on the axes below. Label each segment with its slope. Make sure the values you calculated in Question #4(b) agree with your graph!

 
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