Schedule Z-lIf your filing status is Head of household The tax is: If your taxable income is: of the But not amount Over- over- over- $0 $13,850 10% 13,850 52,850 $1,385.00 + 12% 13,850 52,850 84,200 6,065.00 + 22% 52,850 84,200 160,700 12,962.00 + 24% 84,200 160,700 204,100 31,322.00 + 32% 160,700 204,100 510,300 45,210.00 + 35% 204,100 510,300 152,380.00 + 37% 510,300 Write the equation of the 5th row in y=mx+b form

Personal Finance
13th Edition
ISBN:9781337669214
Author:GARMAN
Publisher:GARMAN
Chapter4: Managing Income Taxes
Section: Chapter Questions
Problem 1DTM
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Schedule Z-lIf your filing status is Head of household
The tax is:
If your taxable
income is:
of the
But not
amount
Over-
over-
over-
$0
$13,850
10%
13,850
52,850
$1,385.00 + 12%
13,850
52,850
84,200
6,065.00 + 22%
52,850
84,200
160,700
12,962.00 + 24%
84,200
160,700
204,100
31,322.00 + 32%
160,700
204,100
510,300
45,210.00 + 35%
204,100
510,300
152,380.00 + 37%
510,300
Write the equation of the 5th row in y=mx+b form
Transcribed Image Text:Schedule Z-lIf your filing status is Head of household The tax is: If your taxable income is: of the But not amount Over- over- over- $0 $13,850 10% 13,850 52,850 $1,385.00 + 12% 13,850 52,850 84,200 6,065.00 + 22% 52,850 84,200 160,700 12,962.00 + 24% 84,200 160,700 204,100 31,322.00 + 32% 160,700 204,100 510,300 45,210.00 + 35% 204,100 510,300 152,380.00 + 37% 510,300 Write the equation of the 5th row in y=mx+b form
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