Question

Language C++

Write a program that can be used to calculate the federal tax. The tax is calculated as follows: For single people, the standard exemption is $4,000; for married people, the standard exemption is $7,000. A person can also put up to 6% of his or her gross income in a pension plan. The tax rates are as follows: If the taxable income is:

Between $0 and $15,000, the tax rate is 15%.

Between $15,001 and $40,000, the tax is $2,250 plus 25% of the taxable income over $15,000.

Over $40,000, the tax is $8,460 plus 35% of the taxable income over $40,000.

Prompt the user to enter the following information:

Marital status

If the marital status is “married,” ask for the number of children under the age of 14

Gross salary (If the marital status is “married” and both spouses have income, enter the combined salary.)

Percentage of gross income contributed to a pension fund Your program must consist of at least the following functions:

Function getData: This function asks the user to enter the relevant data.

Function taxAmount: This function computes and returns the tax owed.

To calculate the taxable income, subtract the sum of the standard exemption, the amount contributed to a pension plan, and the personal exemption, which is $1,500 per person. (Note that if a married couple has two children under the age of 14, then the personal exemption is $1,500 ∗ 4 = $6,000.)

Answer 1

Answer:

code:

#include <iostream>

#include<string.h>

using namespace std;

double salarr;

char stats[100];

char stator[100]="married";

int numofchid;

//function to get data

void getdata ()

{

cout<<"Enter marrital status";

cin>>stats;

if(strcmp(stats,stator)==0)

{

cout<<"Enter number of age below 14 children ";

cin>>numofchid;

}

cout<<"Enter total salary";

cin>>salarr;

}

//function to calculate tax

double taxAmount()

{

double stdexp=4000;

double stdexpmarrd=7000;

double penson=salarr*0.06;

double personalexp=1500;

double taxval;

if(strcmp(stats,stator)==0)

{

personalexp=personalexp*(2+numofchid);

stdexp=stdexpmarrd;

}

//calculating taxable income

double taxincom=salarr-(stdexp+penson+personalexp);

//calculating tax

if( taxincom>0 && taxincom<=15000)

{

taxval=taxincom*0.15;

}

else if( taxincom>15000 && taxincom<=40000)

{

taxval=2250+(taxincom*0.25);

}

else

{

taxval=8460+(taxincom*0.35);

}

return taxval;

}

int main ()

{

getdata();

double taxvalnw=taxAmount();

cout<< "Tax value is: "<<taxvalnw;

system("pause");

return 0;

}

output: