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Join Date: Jul 2008
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Hi My name is PJ.
I am a adult student.
I have read the rules regarding homework for those who are not willing to help themselves and i agree, but i have tried for the last few days to work this out and cant understand what i am doing wrong, if someone is kind enough to help and point me in the right direction, i would be very greatful. Below is the C# code i have. The program is meant to display the different tax brackets for the income within the amounts shown in the code below.
It's meant to display >$38000.00 shows 19.5%
>$60000.00 shows 33.0%
<$60001.00 shows 39.0%
No declaration shows 45.0% (sorry this hasnt been added yet). It displays the answer in a dollar form and does not show the right answer. Please explain what i have done and what i need to do to correct this. If you answer this, thankyou so much for taking the time to help. I am a first year student who is getting stuck with this.
Code posted with comments (// out) below:
I am a adult student.
I have read the rules regarding homework for those who are not willing to help themselves and i agree, but i have tried for the last few days to work this out and cant understand what i am doing wrong, if someone is kind enough to help and point me in the right direction, i would be very greatful. Below is the C# code i have. The program is meant to display the different tax brackets for the income within the amounts shown in the code below.
It's meant to display >$38000.00 shows 19.5%
>$60000.00 shows 33.0%
<$60001.00 shows 39.0%
No declaration shows 45.0% (sorry this hasnt been added yet). It displays the answer in a dollar form and does not show the right answer. Please explain what i have done and what i need to do to correct this. If you answer this, thankyou so much for taking the time to help. I am a first year student who is getting stuck with this.
Code posted with comments (// out) below:
C# Syntax (Toggle Plain Text)
string strtaxableIncome; decimal dectaxableIncome; decimal dectax; // Display "Plaese enter Income Tax" Console.WriteLine("Please enter Income Tax"); //Displap dollar sign Console.Write("$"); // Read taxableIncome strtaxableIncome = Console.ReadLine(); // Additional steps to convert string to decimal dectaxableIncome = decimal.Parse(strtaxableIncome); // Set tax = 0 dectax = 0m; // If (taxableIncome <= 38000) Then if (dectaxableIncome <= 38000) { // Calculate tax (tax = 19.5% of 38000) dectax = dectaxableIncome * 19.5m / 100; } // End If // If taxableIncome is more than 38000 and less than or equal to 60000 Then if (dectaxableIncome > 38000 && dectaxableIncome <= 60000) { // Calculate tax (tax = 19.5% of 38000 + 33% of 60000-38000) { dectax = dectaxableIncome * 19.5m / 100; dectax = dectax + dectaxableIncome * 33m / 100; } // End If // If taxableIncome is more than 60000 Then if (dectaxableIncome > 60000) // Calculate tax (tax = 19.5% of 38000 + 33% of 60000-38000 + 39% of taxableIncome – 60000) { dectax = dectaxableIncome * 19.5m / 100; dectax = dectax + dectaxableIncome * 33m / 100; dectax = dectax + dectaxableIncome * 39m / 100; } // End If // Display tax Console.Write("$"); Console.Write(dectax); // Keep window open Console.ReadKey();
Last edited by Tekmaven; Aug 12th, 2008 at 5:48 am. Reason: Code tags
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Join Date: Jul 2008
Posts: 39
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Well first thing I see the lines
Should be placed outside the last if block because you'll want them displayed every time. The next thing I see is that it looks like you're doing the math wrong. From my limited knowledge of income tax and how it's graduated it works on blocks of income.
Example:
A guy makes $60,000.
On the portion of his income above $38,000 he pays 33% income tax, or about $7,260
On the first $38,000 he pays 19.5%, or about $7,410
Meaning in total he pays $7,260 + $7,410, or $14,670
So the math looks likes
((60,000 - 38,000) * 0.33) + ((38,000) * 0.195))
C# Syntax (Toggle Plain Text)
// Display tax Console.Write("$"); Console.Write(dectax); // Keep window open Console.ReadLine();
Should be placed outside the last if block because you'll want them displayed every time. The next thing I see is that it looks like you're doing the math wrong. From my limited knowledge of income tax and how it's graduated it works on blocks of income.
Example:
A guy makes $60,000.
On the portion of his income above $38,000 he pays 33% income tax, or about $7,260
On the first $38,000 he pays 19.5%, or about $7,410
Meaning in total he pays $7,260 + $7,410, or $14,670
So the math looks likes
((60,000 - 38,000) * 0.33) + ((38,000) * 0.195))
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