Question

I need this in Pyhton saw similar entries but they were on C++

In this project, you will calculate someone’s taxes based on their filing status and their income. Thus, you have two different questions and, based on the result of both, you will determine the taxes paid. First, you must determine their filing status: single or married filing jointly. Then you need to determine their income. The chart below will determine the percentage they will pay based on their status and income.

Tax Rate Income Status = Single Status = Married Filing Jointly 10% Up to $9,700 Up to $19,400 12% $9,700 - $39,475 $19,401 - $78,950 22% $39,476 - $84,200 $78,951 - $168,400 24% $84,201 - $160,725 $168,401 - $321,450 32% $160,726 - $204,100 $321,451 - $408,200 35% $204,101 - $510,300 $408,201 – $612,350 37% Over $510,300 Over $612,350 The program will then calculate and display the tax that the person’s tax based on their tax rate percentage. Here is a typical program run.

The sample user input is shown in blue italics. Input: Enter your tax status: single Enter your income: 85000 Output: Your tax amount is $20400

I need help to create an python program that calculates the tax income based on the status. I could figure out how to do when there is only one status like ether of them dont know how to make the program do for different statuses per the user input.

Thank you!

Answer 1

'''

Python version : 2.7

Python program to calculate the tax amount based on income and tax status

'''

# input of tax status

tax_status = raw_input('Enter your tax status(single or married) : ')

# validate tax status

while tax_status.strip().lower() != 'single' and tax_status.strip().lower() != 'married':

               print('Invalid value. Tax status can be eiher single or married')

               tax_status = raw_input('Enter your tax status(single or married) : ')

#input of income             

income = float(raw_input('Enter your income: '))

# validate income > 0

while income <= 0 :

               print('Invalid value. Income must be greater than 0')

               income = float(raw_input('Enter your income: '))

tax_amount = 0

# calculate tax amount based on tax_status and income

if tax_status == 'single':

              

               if income <= 9700:

                              tax_amount = (10*income)/100

               elif income <= 39475:

                              tax_amount = (12*income)/100

               elif income <= 84200:

                              tax_amount = (22*income)/100

               elif income <=160725:

                              tax_amount = (24*income)/100

               elif income <= 204100:

                              tax_amount = (32*income)/100

               elif income <= 510300:

                              tax_amount = (35*income)/100

               else:

                              tax_amount = (37*income)/100

else:

              

               if income <= 19400:

                              tax_amount = (10*income)/100

               elif income <= 78950:

                              tax_amount = (12*income)/100

               elif income <= 168400:

                              tax_amount = (22*income)/100

               elif income <=321450:

                              tax_amount = (24*income)/100

               elif income <= 408200:

                              tax_amount = (32*income)/100

               elif income <= 612350:

                              tax_amount = (35*income)/100

               else:

                              tax_amount = (37*income)/100

# output the tax amount               

print('Your tax amount is $%.2f' %(tax_amount))                

#end of program

Code Screenshot:

N PII Python version : 2.7 Python program to calculate the tax amount based on income and tax status oooo # input of tax status tax_status = raw_input('Enter your tax status (single or married) :') # validate tax status Çwhile tax_status.strip ().lower() != 'single' and tax_status.strip ().lower() != 'married': print('Invalid value. Tax status can be eiher single or married') tax_status = raw_input('Enter your tax status (single or married) :') WNGO #input of income 14 income = float (raw input('Enter your income: ')) 15 # validate income > 0 16 Ewhile income <= 0 : print('Invalid value. Income must be greater than 0') income = float (raw input('Enter your income: ')) 17 L 20 tax amount = 0

tax_amount = 0 # calculate tax amount based on tax status and income qif tax_status == 'single': 24 if income <= 9700: tax amount = (10*income) /100 elif income <= 39475: tax amount = (12*income) /100 elif income <= 84200: tax amount = (22*income) /100 elif income <=160725: tax amount = (24*income) /100 elif income <= 204100: tax amount = (32*income) /100 elif income <= 510300: tax_amount = (35*income) /100 else: tax_amount = (37*income) /100 38 Belse: HILL 40 if income <= 19400: tax amount = (10*income) /100 elif income <= 78950: tax amount = (12*income) /100 elif income <= 168400: tax amount = (22*income) /100 elif income <=321450: tax amount = (24*income) /100 elif income <= 408200: tax_amount = (32*income) /100 elif income <= 612350: tax amount = (35*income) /100 else: tax amount = (37*income) /100 # output the tax amount print('Your tax amount is $%.2f $(tax amount)) #end of program

Output:

D:\python\myprograms >python tax_amount.py Enter your tax status (single or married) : single Enter your income: 85000 Your tax amount is $20400.00 D:\python\myprograms >python tax_amount.py Enter your tax status(single or married) : married Enter your income: 85000 Your tax amount is $18700.00