Question: Write a program that get user's gross income and state of residence and calculates his/her total tax (Federal+State) with up to 2 decimal digits The

Write a program that get user's gross income and
Write a program that get user's gross income and state of residence and calculates his/her total tax (Federal+State) with up to 2 decimal digits The first table below shows the federal tax rate based on income range, the second table shows standard state tax rate based on state of residence (let's assume state tax rate does not depend of the amount of income). Income range 0-9,999 10,000-49,999 50,000 or more Federal Tax Rate 0% 15% 18% State TX, WI, or OK All other states State Tax Rate 5% 8% Example Enter your gross income 42526 Enter your state of residence NY Your income tax is 9780 98

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 General Management Questions!