WebGross income can be entered as a whole or decimal number. The income tax is expressed as a decimal number. Expert Answer The python code is as follows:- def incomeTaxCalculator (gross,dependent): #function to calculate tax amount tax= (gross*20)/100 #All taxpayers are charged a flat tax rate of 20% t … View the full answer WebA First breezypythongui Program The following GUI-based application computes a person’s income tax, based on a mythical tax code having a flat tax rate of 15%. The user can enter the three inputs in any order, and back out of an entry by editing it, before selecting the button to compute and display the result.
Qazi Maaz Arshad - Software Development Intern - Linkedin
Simple routine with test: for income in [5000, 15000, 25000]: if income <= 10_000: tax = 0 elif income <= 20_000: tax = (income - 10_000) * 0.1 # 10% on income above 10K else: tax = (income-20_000) * 0.2 + 10_000*0.1 # 20% on income above 20K, plus tax on 10K of income below 20K print (f"For income {income}, You owe {tax} dollars in tax!" WebMay 30, 2024 · # 2024 income tax calculator print ('What\'s your yearly income after you deduct all expenses?') myincome = int (input ()) base = (myincome*.1) e = (max … birch wood spoons
python - Income tax calculator - Code Review Stack Exchange
WebNov 21, 2024 · Python Program to Calculate the Income Tax. Below are the ways for Income Tax calculation program in python. Using If Statement (Static Input) Using If Statement … Webdef calculate_tax(price, tax_rate): total = price + (price * tax_rate) total = round(total, 2) #round it to 2 decimal places: return total: #float is a variable type for decimals: my_price … WebJun 18, 2024 · allowance = 12500 income = int (input ("Input your income: ")) if income > 100000: allowance -= income/2 Share Improve this answer Follow answered Jun 18, 2024 at 18:13 Ann Zen 26.5k 7 36 57 yes, allowance is up to 12,500 and after 100,000 it starts decreasing until it reaches 0. Hence, at 125,00 allowance will reach zero but cannot be … dallas to oslo norway cheap flights