Question: Implement a program that prints paychecks for a group of student assistants. Deduct federal and Social Security taxes. (You may want to use the tax
Implement a program that prints paychecks for a group of student assistants. Deduct federal and Social Security taxes. (You may want to use the tax computation used in Chapter 5. Find out about Social Security taxes on the Internet.) Your program should prompt for the names, hourly wages, and hours worked of each student.
Step by Step Solution
3.47 Rating (167 Votes )
There are 3 Steps involved in it
To implement this program well use Python due to its simplicity and readability We will also make some assumptions for Federal and Social Security taxes based on general US tax information Here are our assumptions 1 Federal Tax Rate 22 for hourly employees 2 Social Security Tax Rate 62 Lets break down the tasks 1 Prompt for the names hourly wages and hours worked of each student 2 Calculate the gross pay for each student hourly wage hours worked 3 Calculate Federal tax gross pay federal tax rate 4 Calculate Social Security tax ... View full answer
Get step-by-step solutions from verified subject matter experts
