Question: *** Using BASH***** How would you calculate the take home for someone's take home salary per month? Include Federal taxes (assume single status), state taxes

*** Using BASH*****

How would you calculate the take home for someone's take home salary per month? Include Federal taxes (assume single status), state taxes of 10% for NC, 6% towards retirement, 4% total to social security and Medicare.

Rate

For Unmarried Individuals, Taxable Income Over

10%

$0

12%

$9,700

22%

$39,475

24%

$84,200

32%

$160,725

35%

$204,100

37%

$510,300

I'm having trouble with excuting the code to process the input value.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!