Computer Science, asked by yoosufashiq, 3 months ago

python code for calculating tax

Answers

Answered by Itzkrushika156

1

Explanation:

Input the gross income and number of dependents.

Compute the taxable income using the formula.

Taxable income = gross income - 10000 - (2000 * number of dependents)

Compute the income tax using the formula.

Tax = taxable income * 0.20.

Print the tax.

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