Question

Compute the income tax due on taxable income entered by the user, given the data as shown in the following table. Be sure to include error checking to make sure the user does not enter a negative number. Assume all entries are integer values. Taxable Income Tax Due From To $49,999 $0 +5% of amount over $0 $0 $50,000 $99,999 $2,500 7% of amount over $50,000 $100,000 $6,000 9% of amount over $100,000 +

Answer 1

#include <iostream> //Required Header file

using namespace std;

int main()
{

int incomeOfUser; // declaring a int variable for storing the value of income
cin>>incomeOfUser; // taking the value from the user

int tax = 0; // declaring a int variable tax for calculating the income tax

if(incomeOfUser<0) // error checking
{
cout<<"Incorrect income(Negative number)"<<endl;
}
// calculating tax according to the given conditions
else if(incomeOfUser>= 0 && incomeOfUser < 50000)
{
tax = 0 + incomeOfUser * (0.05);
}else if(incomeOfUser >=50000 && incomeOfUser < 100000)
{
tax = 2500 + (incomeOfUser-50000) * (0.07);
} else
{
tax = 6000 + (incomeOfUser-100000) * (0.09) ;
}

cout<<"The income tax due on taxable income is : "<<tax<<endl;

return 0;
}