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Tax laws are incredibly complicated. In order to help cope, you will write a PYTHON program to do some of the heavy lifting. Your program
Tax laws are incredibly complicated. In order to help cope, you will write a PYTHON program to do some of the heavy lifting. Your program should accept as input the amount of income made by the user in the past year, the marital status of the user (single/married), and the current elevation of the users home address (below/at/above sea level). Your program should produce as output the amount of income tax owed for that year.
The process for calculating the amount of tax owed is as follows:
Yearly Income
- If the yearly income is less than $10,000, income tax is 2.3% of income
- If yearly income is greater than or equal to $10,000 but less than or equal to $50,000, income tax is 4.5% of income
- If yearly income is greater than $50,000, income tax is 6.1% of income
Marital Status:
- If the user is single, no changes are made
- If the user is married, $24.62 is subtracted from the income tax
Current Elevation:
- If the user lives below sea level, they are either a fish or a cave person, and processing fees are applied. $18.32 is added to the income tax.
- If the user lives at or above sea level, no changes are made
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