PYTX - ssyyxTii

Annual Tax Tables
This system calculates federal, state, territory, and city taxes on an annual basis. The following are examples of the federal tables.
Code Category: PYTX
Code Value: ssyyxTii Eight characters of the general form, ssyyxTii, where ss = two-character state code or "FE" for federal; yy = last two digits of the calendar year number; x = "S" for SINGLE, "M" for MARRIED or "H" for HEAD OF HOUSEHOLD; and ii = Table entry number.
Short Description: Used to describe the common code.
Medium Description: Used to describe the common code.
Long Description: Used to describe the common code.
Associated Numeric Values
1: The low taxable earnings amount in the annual table.
2: The high taxable earnings amount in the annual table.
3: The base tax amount on low taxable earnings.
4: The rate which is applied to the taxable earnings amount which is over the low taxable earnings amounts.
5: Reserved for future use.
Associated Codes
1-5: Reserved for future use.
Associated Descriptions
1-5: Description of the entry.