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Write a program that can be used to calculate the federal tax. The tax is calcul

ID: 3637754 • Letter: W

Question

Write a program that can be used to calculate the federal tax. The tax is
calculated as follows: For single people, the standard exemption is $4,000; for
married people, the standard exemption is $7,000. A person can also put up
to 6% of his or her gross income in a pension plan. The tax rates are as
follows: If the taxable income is:
Between $0 and $15,000, the tax rate is 15%.
• Between $15,001 and $40,000, the tax is $2,250 plus 25% of the taxable
income over $15,000.
• Over $40,000, the tax is $8,460 plus 35% of the taxable income over
$40,000.
Prompt the user to enter the following information:
• Marital status
• If the marital status is ‘‘married,’’ ask for the number of children under
the age of 14
• Gross salary (If the marital status is ‘‘married’’ and both spouses have
income, enter the combined salary.)
• Percentage of gross income contributed to a pension fund
Your program must consist of at least the following functions:
a. Function getData: This function asks the user to enter the relevant data.
b. Function taxAmount: This function computes and returns the tax owed.
To calculate the taxable income, subtract the sum of the standard exemption,
the amount contributed to a pension plan, and the personal exemption,
which is $1,500 per person. (Note that if a married couple has two children
under the age of 14, then the personal exemption is $1,500 * 4 = $6,000.)

Explanation / Answer

#include #include using namespace std; void getData(string&,int&,float&,float&); //function prototypes float calcTax(string&,int&,float&,float&); int main() { cout
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