| If Form IT-150 line 26 or Form IT-201 line 38 is: |
|||||||
| Over | But Not Over | The tax is: | |||||
|
|
|||||||
| $ 0- | $8,000 | 4 % | of Form IT-150 line 26 or Form IT-201 line 38 |
||||
| 8,000- | 11,000 | $ 320 plus | 4.5% | of the excess over $8,000 | |||
| 11,000- | 13,000 | 455 plus | 5.25% | of the excess over 11,000 | |||
| 13,000- | 20,000 | 560 plus | 5.9% | of the excess over 13,000 | |||
| 20,000- | 100,000 | 973 plus | 6.85% | of the excess over 20,000 | |||
| 100,000- | 500,000 | 6,453 plus | 7.25% | of the excess over 100,000 | |||
| 500,000- | …….. | 35,453 plus | 7.7% | of the excess over 500,000 | |||
