Question: Write a program to calculate U.S. income tax owed given wages, taxable interest, unemployment compensation, status (dependent, single, or married), and taxes withheld. Dollar amounts

Write a program to calculate U.S. income tax owed given wages, taxable interest, unemployment compensation, status (dependent, single, or married), and taxes withheld. Dollar amounts are displayed as integers without comma separators. For example, cout << "Deduction: $" << deduction << endl;

Note: this program is designed for incremental development. Complete each step and submit for grading before starting the next step. Only a portion of tests pass after each step but confirm progress.

Step 1. Within main() input wages, taxable interest, unemployment compensation, status (0=dependent, 1=single, and 2=married), and taxes withheld as integers.

Step 2 (2 pts). Complete the CalcAGI() function. Calculate the adjusted gross income (AGI) that is the sum of wages, interest, and unemployment. Convert any negative values to positive before summing to correct potential input errors. Return the AGI. Note the provided code in main() calls CalcAGI() and outputs the returned value. Submit for grading to confirm two tests pass.

Ex: If the input is:

20000 23 500 1 400

The output is:

AGI: $20523

Step 3 (2 pts). Complete the GetDeduction() function. Return the deduction amount based on status: (0) dependent = 6000, (1) single = 12000, or (2) married=24000. Return 6000 if the status is anything but 0, 1, or 2. Within main() call GetDeduction() and output the returned value. Submit for grading to confirm four tests pass.

Ex: If the input is:

20000 23 500 1 400

The additional output is:

AGI: $20523

Deduction: $12000

Step 4 (2 pts). Complete the CalcTaxable() function. Calculate taxable amount (AGI - deduction). Set taxable to zero if calculation results in negative value. Return taxable value. Within main() call CalcTaxable() and output the returned value. Submit for grading to confirm six tests pass.

Ex: If the input is:

20000 23 500 1 400

The additional output is:

AGI: $20523

Deduction: $12000

Taxable income: $8523

Step 5 (2 pts). Complete the CalcTax() function. Calculate tax amount based on status and taxable income (see tables below). Tax amount should be stored initially as a double, rounded to the nearest whole number using round(), and converted to an integer before returning. Within main() call CalcTax() and output the returned value. Submit for grading to confirm eight tests pass.

Ex: If the input is:

50000 0 0 2 5000

The additional output is:

AGI: $50000

Deduction: $24000

Taxable income: $26000

Federal tax: $2720

Income Tax for Dependent or Single Filers

$0 - $10000 10% of the income

$10001 - $40000 $1000 + 12% of the amount over $10000

$40001 - $85000 $4600 + 22% of the amount over $40000

over $85000 $14500 + 24% of the amount over $85000


Income Tax for Married Filers

$0 - $20000 10% of the income

$20001 - $80000 $2000 + 12% of the amount over $20000

over $80000 $9200 + 22% of the amount over $80000


Step 6 (2 pts). Complete the CalcTaxDue() function. Set withheld parameter to zero if negative to correct potential input error. Calculate and return amount of tax due (tax - withheld). Within main() call CalcTaxDue() and output returned value. Submit for grading to confirm all tests pass.

Ex: If the input is:

80000 0 500 2 12000

The additional output is:

AGI: $80500

Deduction: $24000

Taxable income: $56500

Federal tax: $6380

Tax due: $-5620


#include
#include
#include
using namespace std;

// Calculate AGI and repair any negative values
int CalcAGI(int wages, int interest, int unemployment) {
/* Complete the function and update the return statement */

return -1;
}

// Calculate deduction depending on single, dependent or married
int GetDeduction(int status) {
/* Complete the function and update the return statement */

return -1;
}

// Calculate taxable but not allow negative results
int CalcTaxable(int agi, int deduction) {
/* Complete the function and update the return statement */

return -1;
}

// Calculate tax for single or dependent
int CalcTax(int status, int taxable) {
/* Complete the function and update the return statement */

return -1;
}

// Calculate tax due and check for negative withheld
int CalcTaxDue(int tax, int withheld) {
/* Complete the function and update the return statement */

return -1;
}

int main() {
int wages, interest, unemployment,status, withheld;
int tax, agi, due, deduction, taxable;

// Step #1: Input information

// Step #2: Calculate AGI
agi = CalcAGI(wages, interest, unemployment);
cout << "AGI: $" << agi << endl;

return 0;
}

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