Relay-Version: version B 2.10 5/3/83; site utzoo.UUCP
Posting-Version: version B 2.10.1 (Tek) 9/26/83; site tekecs.UUCP
Path: utzoo!watmath!clyde!floyd!vax135!cornell!uw-beaver!tektronix!orca!tekecs!dougs
From: dougs@tekecs.UUCP
Newsgroups: net.taxes
Subject: Re: tax bracket question
Message-ID: <3649@tekecs.UUCP>
Date: Fri, 30-Mar-84 20:17:03 EST
Article-I.D.: tekecs.3649
Posted: Fri Mar 30 20:17:03 1984
Date-Received: Sun, 1-Apr-84 07:11:53 EST
Sender: dougs@tekecs.UUCP
Organization: Tektronix, Wilsonville OR
Lines: 24

Please look at the instructions for line 38, form 1040. One can either
use the tax tables (which are discrete) or one of the tax schedules X,
Y, or Z (which are continuous) to compute your tax.

For the example given, assuming this is a joint return:


  taxable income       tax from tax tables	tax from schedule Y

   $20,049.99		   $2611.00		    $2615.4981

   $20,050,00		   $2620.00		    $2615.50

				Doug Smith
				{...!tektronix!tekecs!dougs}
				ECS System Peripherals
				Tektronix, Inc.

	|--------------------------------------------------------------|
	|  O O O					               |
	|   O O	  Official Boring .signature of the 1984 Olympic Games |
	|	                        		    	       |
	|--------------------------------------------------------------|