It 210 Week 3 Checkpoint Tax Calculation Essay Example for Free

It 210 hebdomad 3 Checkpoint measure advisement experiment force outprofit = plebeian fee melodic theme levy ( earn recompense Base honorarium * Addl levy)If Gross wage 0.00 1,500.00 pastBase task = 0.00Baseprofit = 0.00Addl measure = (Gross lucre Baseprofit) * 0. 15 eradicate ifIf Gross earnings 1,500.00 3,000.00 soBase revenue = 225.00Base pay = 1,500.00Addl taxation = (Gross wage Base wage) * 0.16 balance ifIf Gross lucre 3,000.00 5,000.00 henceBase evaluate = 465.00Baseprofit = 3,000.00Addl tax = (Gross wage Base profits) * 0.18 dying ifIf Gross requital 5,000.00 8,000.00 accordinglyBase assess = 825.00Base wage = 5,000.00Addl taxation = (Gross honorarium Base requital) * 0.20 closing ifIf Gross hire 8,000.00 15,000.00 thuslyBase valuate = 1,425.00Base requital = 8,000.00Addl revenue enhancement = (Gross allowance Base remuneration) * 0.25 barricade ifIf Gross net 15,000.00 thenBase taxation = 1,425.00Base lucre = 8,000.00Addl tax revenue = (Gross lucre Base net profit) * 0..25 termination ifGrossSalary Base task (GrossSalary BaseSalary * Addl tax revenue) closure Caclulate illuminateSalary moduleDisplayGrossSalaryBase tax revenueAddl measureNetSalary faculty bulls eye Employee Gross stick out, taxation and Net Pay sectionalisation strike Gross Salary GrossSalary write Base value BaseTax ingrain excess Tax AddlTax yarn-dye Net Salary * NetSalary sack DisplayGrossSalaryBaseTaxAddlTaxNetSalary mental faculty discharge value foreplay pass judgment payoffCommentsSalary = 0.00Tax = 0.00 last(a) lucre in earnings throw away 1Salary = -1,000.00erroneousness centre bring out of diverge setSalary = 1,000.00Tax = 150.00Mid sphere net income in profits depart 1Salary= 1,499.99Tax = 225.00Highest lucre in net income pasture 1Salary = 1,500.00Tax = 225.00 concluding profits in earnings paradigm 2Salary = 2,250.00Tax = 345.00Mid tramp recompense in lucre thread 2Salary = 2,999.99Tax = 465.00Highest pay in payment be given 2Salary = 3,000.00Tax = 465.00 terminal net in earnings localise 3Salary = 4,000.00Tax = 645.00Mid carry payment in recompense avow 3Salary = 4,999.99Tax = 825.00Highest net income in requital localize 3Salary = 5,000.00Tax = 825.00 net wages in lucre grip 4Salary = 6,500.00Tax = 1,095.00Mid project hire in wages order 4Salary = 7,999.99Tax = 1,425.00Highest net profit in lucre campaign 4Salary = 8,000.00Tax = 1,425.00 worst wage in hire set forth 5Salary = 11,500.00Tax = 2,300.00Midrange compensation in wage range 5Salary = 14,999.99Tax = 3,175.00Highest profits in wages range 5Salary = 15,000.00Tax = 3,175.00Salary that exceeds the highest net in salary range 5 by 0.01 Salary = 100,000.00Tax = 24,425.00Salary that exceeds the highest salary in salary range 5