Tim Tradesman had a taxable income of $82,500. He figured his tax from the table above.
1. Find his earned income level.
2. Enter the base amount. = $ 1,512.002815,699.0017,211.005,400.0 077,100.00
3. Find the amount over $ 5,400.0017,211.0015,699.0077,100.00 1,512.0028 = $ 1,512.0017,211.0015,699.005,400.002 877,100.00
4. Multiply line 3 by 15,699.001,512.005,400.0077,100.001 7,211.0028% = $ 5,400.001,512.0077,100.002815,699.0 017,211.00
5. Add Lines 2 and 4 = $ 5,400.0077,100.002815,699.001,512.0 017,211.00