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Old 06-10-2007, 05:21 PM
Johan K
Posts: n/a
[SOLVED] Visual Basic 2005: Write a program that requests taxable income and calculat

...federal income tax.? Write a program that requests taxable income and calculates federal income tax. Use a Sub procedure for the input and a Function procedure to calculate the tax.
$0 - $7,150 Tax payable=10%
$7,151 - $29,050 Tax payable=$715.00 + 15%
$29,051 - $70,350 Tax payable= $4,000.00 + 25%
$70,351 - $146,750 Tax payable=$14,325.00 + 28%
$146,751 - $319,100 Tax payable=$35,717.00 + 33%
Over $319,101 Tax payable=$92,592.50 + 35%

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