Question

Need it ASAP!!!

Write a complete Java program to compute personal income tax. Your program should prompt the user to enter the taxable income (double) and output the income tax (double) according to the table below:

First $20,000 0 Next $20,000 ($20,001 to $40,000) 10 Next $20,000 ($40,001 to $60,000) 20 The remaining (Above $60,000) 30

The tax payable should be rounded to 2 decimal places. The name of this program (class) will be Tax

Answer 1

import java.util.Scanner;

public class CalTax {
   public static void main(String[] args) {
       Scanner sc = new Scanner(System.in);
       System.out.println("Enter taxable income: ");
       double income = sc.nextDouble();
       double tax = 0;
       if (income > 20000 && income <= 40000) {
           tax = (income - 20000) * 0.1;
       } else if (income > 40000 && income <= 60000) {
           tax = 20000 * 0.1;
           tax = (income - 40000) * 0.2 + tax;
       } else {
           tax = 20000 * 0.1;
           tax = (20000) * 0.2 + tax;
           tax = (income - 60000) * 0.2 + tax;
       }
       System.out.printf("Tax : %.2f", tax);
   }
}

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