Tax equation - PowerPoint PPT Presentation

Ch 7 Income Taxes

Ch 7 Income Taxes. 7.2 Modeling Tax Schedules. What the heck are tax schedules?. A tax schedule is a rate sheet used by individual tax payers to determine their estimated taxes due. There are four main schedules used Schedule X – single

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7-2 MODELING TAX SCHEDULES

7-2 MODELING TAX SCHEDULES. OBJECTIVES. Construct income tax graphs using compound equations. flat tax proportional tax progressive tax system tax bracket regressive tax schedule. Key Terms. Example 1.

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