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The table gives the federal income tax rate schedule for single taxpayers. $0 -

ID: 3644043 • Letter: T

Question

The table gives the federal income tax rate schedule for single taxpayers.
$0 - $8,025 Tax payable=10%
$8,025 - $32,550 Tax payable=$802.50 + 15%
$32,550 - $78,850 Tax payable= $4,481.25 + 25%
$78,850 - $164,550 Tax payable=$16,056.26 + 28%
$164,550 - $357,000 Tax payable=$40,052.25 + 33%
Over $357,000 Tax payable=$103,791.75 + 35%
Write a program that requests taxable income and calculates federal income tax.
Using Visual Studio 2010.

Explanation / Answer

#include #include #include using namespace std; int main (void) { double fIncome = 0.0; double fIncometax = 0.0; cout > fIncome; if (fIncome >= 0 && fIncome < 8025) { fIncometax = fIncome*.10; cout
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