Question

Language: C#

Create a new Console Application. Your Application should ask the user to enter their name and their salary.

Your application should calculate how much they have to pay in taxes each year and output each amount as well as their net salary (the amount they bring home after taxes are paid!). The only taxes that we will consider for this Application are Federal and FICA. Your Application needs to validate all numeric input that is entered to make sure that they input a correct value (e.g. you need to make sure that salary is a double). If it is invalid, keep prompting them to enter their salary until they comply.

For your Application, you will need to create AT LEAST 3 Methods/Functions (not including the Main method).

You need to create a Method named CalculateFederalTax that will have a return type of double and will accept 1 parameter of type double that will be used to determine the amount of Federal Taxes to be withheld. The method should determine which Federal tax bracket the individual belongs to and return the amount of Federal taxes to be withheld.

You need to create a Method named CalculateFICATax that will have a return type of double and will accept 1 parameter of type double that will be used to determine the amount of FICA Taxes to be withheld. The method should return the amount of FICA taxes to be withheld.

You need to create a Method named DisplayResults that will have a return type of void and will accept 4 parameters. The method will write a message on the console with the users name, their salary, the amount of Federal Tax that will be withheld, the amount of FICA Tax that will be withheld and their net salary (their salary - all taxes that were withheld). Your parameters should be as follows:

Parameter 1 : Type string

Parameter 2 : Type double

Parameter 3 : Type double

Parameter 4 : Type double

Use the information below to figure out what percent to deduct from the users salary for each income tax:

Federal Tax Rate	Taxable Bracket
10%	$0 to $9,525
12%	$9,526 to $38,700
22%	$38,701 to $82,500
24%	$82,501 to $157,500
32%	$157,501 to $200,000
35%	$200,001 to $500,000
37%	$500,001 or more

FICA Tax Rate = 6.2%

Answer 1

Added 6 Methods
Main
CalculateFederalTax
CalculateFICATax
DisplayResults
input (for take input)
print (for print results)

Code: (Text File also included in End)

Output:

Files:

Code:

using System;

// namespace declaration
namespace TaxAPP {

// Class declaration
class Calculator {

    // Main Method
    static void Main(string[] args) {
        // Variable declaration
        string name;
        double salary;

        // Taking input Name
        print("Enter Your Name:");
        name = input();

        // Taking Salary Input and validating
        print("Enter Your Salary:");
        while(true){ // Run until user give valid salary
            if (double.TryParse(Console.ReadLine(), out salary)) { // User gave valid salary

                double fedralTax = CalculateFederalTax(salary); // calculating Federal Tax
                double ficaTax = CalculateFICATax(salary); // Calculating Fica Tax
                DisplayResults(name, salary, fedralTax, ficaTax); //Printing Results

                break; // Breaking Loo[]

            } else { //user gave an illegal input
                print("Type Valid Salary!");
            }
        }
    }

    // Method for calculate federal Tax
    private static double CalculateFederalTax(double salary){
        double taxPercentage;
        // determining which Federal tax bracket the individual belongs
        if (salary <= 9525){
            taxPercentage = 10;
        }else if (salary <= 38700){
            taxPercentage = 12;
        }else if (salary <= 82500){
            taxPercentage = 22;
        }else if (salary <= 157500){
            taxPercentage = 24;
        }else if (salary <= 200000){
            taxPercentage = 32;
        }else if (salary <= 500000){
            taxPercentage = 35;
        }else {
            taxPercentage = 37;
        }

        return (taxPercentage * salary)/100; // Calculating Federal Tax
    }

    // Method for calculate fica tax
    private static double CalculateFICATax(double salary){
        return (6.2 * salary)/100; // Calculating Fica Tax
    }

    // Method for print results
    private static void DisplayResults(string name, double salary, double fedralTax, double ficaTax){
        print("Name: " + name);
        print("Salary: " + salary);
        print("FedralTax: " + fedralTax);
        print("FicaTax: " + ficaTax);
        print("Net Salary: " + (salary - fedralTax - ficaTax));
    }

    // Method for take input
    private static string input(){
        return Console.ReadLine();
    }

    // Method for print output
    private static void print(string msg){
        Console.WriteLine(msg);
    }
}

}