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Taxes

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Flat Tax Rate

Base Income $ 0 $ 15,000 $ 32,000 $ 72,000 $ 122,000

Alternate 1 0% 3% 10% 15% 22%

Alternate 2 0% 5% 7% 11% 20%



State Allowance

OH $ 600

GA $ 900

TN $ 400





Actual

Taxable State of Withhold- Estimated Actual Tax Flat Tax

ID # Income Residence ing Paid Taxes Paid Owed Alternate 1

13 $ 88,956 OH $ 14,999 $ 0 $ 14,922

22 $ 89,485 GA 16,743 - 14,443

37 $ 54,947 TN 6,843 - 6,359

41 $ 364,259 NY - 93,443 103,727

58 $ 71,864 OH 9,462 - 9,591

60 $ 24,750 GA 1,542 - 800

77 $ 334,529 TN 89,828 10,684 91,534

84 $ 54,953 TN - 6,172 6,827

95 $ 99,993 TN 20,894 - 17,870

99 $ 17,734 GA 221 - 299



Total Revenues:

Penalty

Amount Owed Penalty %

$ 0 0

100 5%

1,000 10%

5,000 15%

10,000 20%

50,000 25%







Actual Actual Penalty

Flat Tax Unpaid Unpaid Tax Unpaid Tax Penalty Alternate Penalty State

Alternate 2 Tax Alternate 1 Alternate 2 Owed 1 Alternate 2 Allowance



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