Radio Shack TRS-80 PC-3 Owner's Manual page 193

,-
470: PRINT "YOUL-JAREL-JBREAKINGJVEN"
480: GOTO 500
490: PRINT "SO,---,FARJOUJAVEL-JWON S"; S
500: INPUT "ANOTHER
~
TRY?";
as
510: IF ( LEFTS{OS,1) = "Y") THEN GOTO 200
520: END
Message for S
=
0
Go to common end
Message for 5>0
Ask about another turn
Check first character of answer
Federal Tax Estimator
This program provides an estimate of United States Federal tax liability. It requests filing status, number of exemptions, salary
income, self-employment income, other income, and amount of itemized deductions. Based on this information, it computes
the taxable income. Next, it reads in the tax table appropriate to the filing status and determines the amount of Federal Income
Tax. If there is self-employment income, the Social Security tax is computed. Any additional tax obligations and credits are
solicited and a total tax liability is calculated.
The method of computing Federal Income Tax is based on "Tax Rate Schedules X, Y and Z". These schedules break down the
income for each filing status into tax brackets. For each tax bracket, there is a tax computation rule of the form: "If income is
over B(I), but not over B(I
+
1), then the tax is M(I) plus P (I) percent of the excess over B(I)". The program scans the baseline
values, B(I), for the largest value which is not greater than the income. It determines the appropiate bracket and applies the rule
to compute tax liability.
NOTE: The values included in this program are based on those in the 1982 Declaration of Estimated Tax for Individuals (Form
1040-ESl. This program is presented here to illustrate the capabilities of the PC-3 Pocket Computer and is not intended to be an
authoritative basis for any individuals actual tax liability. Individual circumstances and changing laws provide too many
circumstances for a simple program such as this one to be complete. Consult a tax professional if you have questions about your
own tax liability.
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