Question

In python create a TaxReturn class with attributes that hold a taxpayer's Social Security number, last name, first name, street address, city, state, zip code, annual income, marital status, and tax liability. Include a constructor that requires arguments that provide values for all the fields other than the tax liability. The constructor calculates the tax liability based on annual income and the percentages in the following table:

Income($) Single Married

0 - 20,000 15% 14%

20,001 - 50,000 22% 20%

50,001 and above 30% 28%

In the TaxReturn class, override the __str__ method to display the object when we call print function. In the main program, write a display function to display every taxpayer's information. Every new taxpayer should be stored in a list.

Answer 1

Thanks for the question.

Below is the code you will be needing  Let me know if you have any doubts or if you need anything to change.

Thank You !

Note: Please add more taxpayer objects in the TaxPayer list, for demonstration i added only 2
===========================================================================

class TaxReturn():

    def __init__(self,ssn,lname,fname,street,address,city,state,zip,income,marital):
        self.ssn=ssn
        self.lastname=lname
        self.firstname=fname
        self.street=street
        self.address=address
        self.city=city
        self.state=state
        self.zip=zip
        self.income=income
        self.marital=marital
        self.taxliability=self.calculateTaxLiability()

    def calculateTaxLiability(self):
        if self.marital=='Married' and self.income<=20000:return self.income*0.14
        if self.marital=='Married' and self.income<=50000:return self.income*0.20
        if self.marital=='Married' :return self.income*0.28

        if self.marital=='Single' and self.income<=20000:return self.income*0.15
        if self.marital=='Single' and self.income<=50000:return self.income*0.22
        if self.marital=='Single' :return self.income*0.30

    def __str__(self):
        desc='Name: {} {}, SSN: {}, Marital Status: {}'.format(self.firstname,self.lastname,self.ssn,self.marital)
        desc+='\nAddress: {},{},{} Zip: {}'.format(self.address,self.city,self.state,self.zip)
        desc+='\nIncome: ${:,.2f} Tax Liability: ${:,.2f}'.format(self.income,self.taxliability)

        return desc

def main():

    taxpayers=[]
    taxpayers.append(TaxReturn('123-45-1234','Doe','John','123','Main St','Dallas','Ohio',12345,68000,'Married'))
    taxpayers.append(TaxReturn('234-55-1334','Smith','John','67','Orange St','Westchester','Connecticut',14345,58000,'Single'))

    for taxpayer in taxpayers:
        print(taxpayer)
main()

=====================================================================