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HELP! JAVA! float standard deduction(float income, byte filing status, byte family_members) Description: It returns the amount of income that is exempted from taxation Logic: First
HELP! JAVA!
float standard deduction(float income, byte filing status, byte family_members) Description: It returns the amount of income that is exempted from taxation Logic: First of all, it can't be higher than the income. The base exemption is $3000. If a couple is filing jointly, both spouses are eligible for the exemption. If the income is above $100,000 the exemption s reduced by 0.5% per who ethousand dolars of income above 100 Regardless of the income level th h this educ on canot ceed 3 Base emptoni each child s $2000. If the family has more than two children, the child exemption is reduced by 5% for each additional child (ie, for 3 kids-5%, for 4 kids-10%, and so forth). Regardless of the number of children, though, the child's exemption cannot be reduced by more than 50%. float standard deduction(float income, byte filing status, byte family_members) Description: It returns the amount of income that is exempted from taxation Logic: First of all, it can't be higher than the income. The base exemption is $3000. If a couple is filing jointly, both spouses are eligible for the exemption. If the income is above $100,000 the exemption s reduced by 0.5% per who ethousand dolars of income above 100 Regardless of the income level th h this educ on canot ceed 3 Base emptoni each child s $2000. If the family has more than two children, the child exemption is reduced by 5% for each additional child (ie, for 3 kids-5%, for 4 kids-10%, and so forth). Regardless of the number of children, though, the child's exemption cannot be reduced by more than 50%Step by Step Solution
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