Tables_Cover_Sheet_Exam_1

Tables_Cover_Sheet_Exam_1 - 10,000,000 to 15,000,000...

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TABLE 1.3 Tax calculation Base tax + (Marginal rate x amount over base bracket) Rounded Depreciation Percentages by Recovery Year Using MACRS for First Four Property Classes P e rcentage by r e covery year Recovery year 3 years 5 years 7 years 10 years 1 33% 20% 14% 1 0% 2 45 32 25 18 3 15 1 9 18 14 4 7 12 12 12 5 12 9 9 6 5 9 8 7 9 7 8 4 6 9 6 10 6 11 4 Totals 100% 100% 100 % 100% Range of taxable income $ 0 to $ 50,000 50,000 to 75,000 75,000 to 100.000 1 00,000 to 335,000 335,000 to 10,000,000
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Unformatted text preview: 10,000,000 to 15,000,000 15,000,000 to 18,333,333 Over 18,333,333 + (15% X amount over $ 7,500 + (25 X amount over 13750+ (34 X amount over 22 250+ (39 X amount over 113,900+ (34 X amount over 3,400,000+ (35 X amount over 5,150,000+ (38 X amount over 0) 50,000) 75,000) 100,000) 335,000) 10,000,000) 15,000,000) 6,416,667 + (35 X amount over 18,333,333) TABLE 3.2...
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This note was uploaded on 02/29/2012 for the course BUS 332 taught by Professor Johnzietlow during the Spring '12 term at Malone University.

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