Question

*** Using BASH***** How would you calculate the take home for someone's take home salary per...

*** Using BASH*****

How would you calculate the take home for someone's take home salary per month? Include Federal taxes (assume single status), state taxes of 10% for NC, 6% towards retirement, 4% total to social security and Medicare.

Rate

For Unmarried Individuals, Taxable Income Over

10%

$0

12%

$9,700

22%

$39,475

24%

$84,200

32%

$160,725

35%

$204,100

37%

$510,300


I'm having trouble with excuting the code to process the input value.

Homework Answers

Answer #1

Please give positive rating your feedback is valuable to me.

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Whitney received $75,000 of taxable income in 2019. All of the income was salary from her...
Whitney received $75,000 of taxable income in 2019. All of the income was salary from her employer. What is her income tax liability in each of the following alternative situations? 2019 Tax Rate Schedules Individuals Schedule X-Single If taxable income is over: But not over: The tax is: $           0 $    9,700 10% of taxable income $    9,700 $ 39,475 $970 plus 12% of the excess over $9,700 $ 39,475 $ 84,200 $4,543 plus 22% of the...
Check My WorkCheck My Work BUSINESS DECISION: TAKE HOME PAY You are the payroll manager for...
Check My WorkCheck My Work BUSINESS DECISION: TAKE HOME PAY You are the payroll manager for the Canyon Ridge Resort. Bob Farley, the marketing director, earns a salary of $42,000 per year, payable monthly. He is Married and claims three withholding allowances. His social security number is 462-12-8749. In addition to federal income tax, social security, and Medicare, Bob pays 2.3% state income tax, % for state disability insurance (both based on gross earnings), $26.15 for term life insurance, $123.74...
Note: This problem is for the 2018 tax year. David R. and Ella M. Cole (ages...
Note: This problem is for the 2018 tax year. David R. and Ella M. Cole (ages 39 and 38, respectively) are husband and wife who live at 1820 Elk Avenue, Denver, CO 80202. David is a self-employed consultant specializing in retail management, and Ella is a dental hygienist for a chain of dental clinics. David earned consulting fees of $145,000 in 2018. He maintains his own office and pays for all business expenses. The Coles are adequately covered by the...
Lance H. and Wanda B. Dean are married and live at 431 Yucca Drive, Santa Fe,...
Lance H. and Wanda B. Dean are married and live at 431 Yucca Drive, Santa Fe, NM 87501. Lance works for the convention bureau of the local Chamber of Commerce, while Wanda is employed part-time as a paralegal for a law firm. During 2016, the Deans had the following receipts: Salaries ($60,000 for Lance, $41,000 for Wanda) $101,000 Interest income—    City of Albuquerque general purpose bonds $1,000    Ford Motor company bonds 1,100    Ally Bank certificate of deposit 400 2,500 Child...