SOLUTION: I need your help to write a formula for this question: A single taxpayer uses a tax rate schedule to calculate the amount of tax to pay on a federal income tax return. If the ta

Question 388674: I need your help to write a formula for this question:
A single taxpayer uses a tax rate schedule to calculate the amount of tax to pay on a federal income tax return. If the tax payer has an adjusted income over $23,350, then the taxpayer must pay $3,502 plus 28% of any amount over $23,350. If the amount of adjusted income written as A and the tax if T, write the formula to find the tax.
Thank you for your help I really appreciate it!
Found 2 solutions by jim_thompson5910, mananth:
Answer by jim_thompson5910(35256) (Show Source): You can put this solution on YOUR website!
Let's assume that the adjusted income is over $23,350

So because of this assumption, this means that "the taxpayer must pay $3,502 plus 28% of any amount over $23,350". What this means is that the tax payer is guaranteed to pay $3,502. So this means that the tax so far is . Then the payer is expected to pay 28% of what's over $23,350. So you must add because is the "amount over $23,350" and 0.28 is the decimal form of 28%

So the tax formula is

Ex: Say that the payer earns $25,000. This means that s/he will pay dollars in taxes.

If you need more help, email me at jim_thompson5910@hotmail.com

Also, feel free to check out my tutoring website

Jim
Answer by mananth(16946) (Show Source): You can put this solution on YOUR website!
A single taxpayer uses a tax rate schedule to calculate the amount of tax to pay on a federal income tax return. If the tax payer has an adjusted income over $23,350, then the taxpayer must pay $3,502 plus 28% of any amount over $23,350. If the amount of adjusted income written as A and the tax if T, write the formula to find the tax.
...
T= 3,502+0.28(A-23,350)

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