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A Tax computation rule is described as follows. Implement an application as outlined.

Any individual can claim exemptions, up to maximum of 3. For singles, each exemption is worth 375 dollars. For married, each exemption is worth 500 dollars. The total exemption amount is subtracted from the income to compute taxable income.

The tax rate is determined based on taxable income, using the following rule.

Single:foramountsabove100,000 Rateis18% otherwise 15%

Married: for amounts above 150,000 Rate is 30% otherwise 20%

The tax is computed using taxable income and tax rate.

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