Question: Write a java program to calculate income tax.Ask user to input the gross income and calculate the single income tax accoding to the tax rate
jGRASP irs.gov Fil P122 News 2018 Tax Bra. https://www Make a Wat.. Tax Rate Schedules Schedule X-If your filing status is Single TION see the instructions fo If your taxable income is: The tax is: But not over- $9,525 38,700 82,500 57,500 200,000 500,000 Over- $0 9,525 38,700 82,500 157,500 200,000 500,000 10% $952.50 + 12% 4,453.50 + 22% 14,089.50 + 24% 32,089.50 + 32% 45,689.50 + 35% 150,689.50 + 37% Ev Schedule Y-1-If your filing status is Married filing jointly or Qualifying widov The tax is: If your taxable income is: But not over- $19,050 77,400 165,000 Over- $0 19,050 77,400 10% $1,905.00 + 12% 8,907.00 + 22%
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
