Homework Answers
When the earning is $156,141 and Ramone will be filing as married filing jointly, then under a progressive tax program, the total taxes that Ramone owes =
(16700-0) * 0.1 + (67900-16700)*0.15 + (137,050 - 67,900) * 0.25 + (156,141 - 137,050)*0.28
= $1670 + $7680 + $17287.50 + $5345.48
= $31.982.98.
Under the proportional flat tax rate of 30%, Ramone will owe 0.3*156,141 = $46842.3
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Use the table to answer the questions. In relation to taxes, Ramone will be filing as...
Marginal (Taxable income] Tax Rate Single Married Filing Jointly 10% $0-$8,350 $0-$16,700 15% $8,350-$33,950 16,700-$67,900 25%...
Marginal (Taxable income] Tax Rate Single Married Filing Jointly 10% $0-$8,350 $0-$16,700 15% $8,350-$33,950 16,700-$67,900 25% $33,950-$82,250 $67,900-$137,050 28% $82,250-$171,550 $137,050-$208,850 33% $171,550-$372,950 $208,850-$372,950 35% > $372,950 > $372,950 Above is a chart showing the Federal Income Tax Rates for Single and Married couples. How much would a SINGLE INDIVIDUAL pay in taxes if they made $150,000 in income? $42,000 $17,375 $35,720 $25,000 $36,275
Java Programming Basic and Clean Approach, Please post the answer in Text Format. Computing Tax Problem...
Java Programming Basic and Clean Approach, Please post the answer in Text Format. Computing Tax Problem Description: The United States federal personal income tax is calculated based on filing status and taxable income. There are four filing statuses: single filers, married filing jointly, married filing separately, and head of household. The tax rates vary every year. Table 3.2 shows the rates for 2009. If you are, say, single with a taxable income of $10,000, the first $8,350 is taxed at...
I have already done the source code I just need help in the analysis part and design part asap Thank you File Edit View...
I have already done the source code
I just need help in the analysis part and design part
asap
Thank you
File Edit View Windew Help ⑦ A Sign In Home Tools IT109N Assigmenx d share By completing this assignment, students should be able to: Assign expressions to variables Perfarm arithrietic calculations using Java Implement console user input/output in their programs . Use If clse statements to control the flow of logic in a program Computing Tax The United States...
import java.util.*; //Include the needed package public class IncomeTax //Class { public static void main(String[] arg...
import java.util.*; //Include the needed package
public class IncomeTax //Class
{
public static void main(String[] args)
{
Scanner scInput = new Scanner(System.in); //Create new
instance
System.out.println("\nEnter the filing status"); //Prompt for
input
System.out.println("\0 for filling as single. ");
System.out.println("\1 for filling as married jointly. ");
System.out.println("\2 for filling as married separately. ");
System.out.println("\3 for filling as head of household. ");
int filingStatus = scInput.nextInt();
System.out.println("Enter the taxable income:");
double ti = scInput.nextDouble();
double it = 00.00;
if(filingStatus==0)
{
if (ti<=8350)...
Marginal (Taxable income] Tax Rate Single Married Filing Jointly 10% $0-$8,350 $0-$16,700 15% $8,350-$33,950 16,700-$67,900 25% $33,950-$82,250 $67,900-$137,050 28% $82,250-$171,550 $137,050-$208,850 33% $171,550-$372,950 $208,850-$372,950 35% > $372,950 > $372,950 Above is a chart showing the Federal Income Tax Rates for Single and Married couples. How much would a SINGLE INDIVIDUAL pay in taxes if they made $150,000 in income? $42,000 $17,375 $35,720 $25,000 $36,275
I have already done the source code
I just need help in the analysis part and design part
asap
Thank you
File Edit View Windew Help ⑦ A Sign In Home Tools IT109N Assigmenx d share By completing this assignment, students should be able to: Assign expressions to variables Perfarm arithrietic calculations using Java Implement console user input/output in their programs . Use If clse statements to control the flow of logic in a program Computing Tax The United States...
import java.util.*; //Include the needed package
public class IncomeTax //Class
{
public static void main(String[] args)
{
Scanner scInput = new Scanner(System.in); //Create new
instance
System.out.println("\nEnter the filing status"); //Prompt for
input
System.out.println("\0 for filling as single. ");
System.out.println("\1 for filling as married jointly. ");
System.out.println("\2 for filling as married separately. ");
System.out.println("\3 for filling as head of household. ");
int filingStatus = scInput.nextInt();
System.out.println("Enter the taxable income:");
double ti = scInput.nextDouble();
double it = 00.00;
if(filingStatus==0)
{
if (ti<=8350)...
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