Calculating state tax table codes – Royal Consumer Information Products ALPHA9155SC User Manual

Page 119

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113

Appendix 2

CALCULATING STATE TAX TABLE CODES

Program Example


CHART A

TAX BRACKET

CHART B

From

To

Tax

Breakpoints

$0.00

$0.14

$0.00

15

0.15

0.37

0.01

23

0.38

0.62

0.02

25

0.63

0.87

0.03

25

0.88

1.12

0.04

25

1.13

1.42

0.05

30

1.43

1.78

0.06

36

1.79

2.12

0.07

34

2.13

2.42

0.08

30

2.43

2.71

0.09

29

2.72

2.99

0.10

28

3.00

3.28

0.11

29

3.29

3.57

0.12

29

3.58

3.85

0.13

28

3.86

4.14

0.14

29

4.15

4.42

0.15

28

4.43

4.71

0.16

29

4.72

4.99

0.17

28

5.00

5.28

0.18

29

5.29

5.57

0.19

29

5.58

5.85

0.20

"

"

"


Note: If necessary, a total of 65 Breakpoints can be programmed.

STEP F

Enter the individual
Breakpoints of the
“Regular” Breakpoint
sequence.
(29,28,29,29,28,29,28)

STEP E

Enter the individual
Breakpoints of the
“Irregular” Breakpoint
sequence.
(15,23,25,25,25,30,36,
34,30)

STEP C

Enter the summation of
the Breakpoints for the
“Regular” Breakpoint
sequence. (200)

STEP B

Enter first amount of the
last tax bracket in the
“Irregular” breakpoint
sequence. (243)

STEP D

Enter the difference
between the last tax
amount applicable to
the “Regular”
Breakpoint sequence
and the last tax amount
applicable to the
“Irregular” Breakpoint
sequence. (7)

The tax table will
progress in a similar
manner.

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