Description: Write a pseudocode that would ask for the monthly income of a working individual. Then compute for the annual income tax based on the table "Income Tax Tables under TRAIN Law." Ensure that personal exemptions are deducted from the annual income tax. Please refer to the personal exemptions below. Single working individual: P 50,000.00 Married working individual: P 75,000.00

COMPREHENSIVE MICROSOFT OFFICE 365 EXCE
1st Edition
ISBN:9780357392676
Author:FREUND, Steven
Publisher:FREUND, Steven
Chapter5: Working With Multiple Worksheets And Workbooks
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Single working individual: P 50,000.00
Married working individual: P 75,000.00
88
Description:
Write a pseudocode that would ask for the monthly income of a working individual. Then
compute for the annual income tax based on the table "Income Tax Tables under TRAIN Law."
Ensure that personal exemptions are deducted from the annual income tax. Please refer to the
personal exemptions below.
ANNUAL INCOME
P250,000 and below
Above P250,000 to P400,000
Above P400,000 to P800,000
Above P800,000 to P2,000,000
Above P2,000,000 to P8,000,000
Above P8,000,000
View Options-
D
Income Tax Tables under TRAIN Law
(Part 1-Applicable from Year 2018 to 2022)
Source: BIR and www.PinoyMoneyTalk.com
R
DISCORD
huh (-egeneral-chat--e, CHAT AREA)
aight just dim me na ing
TAX RATE
None (0%)
20% of excess over P250,000
P30,000+ 25 % of excess over P400,000
P130,000+30% of excess over P800,000
P490,000+32% of excess over P2,000,000
P2.41 million + 35% of excess over P8 million
Transcribed Image Text:Single working individual: P 50,000.00 Married working individual: P 75,000.00 88 Description: Write a pseudocode that would ask for the monthly income of a working individual. Then compute for the annual income tax based on the table "Income Tax Tables under TRAIN Law." Ensure that personal exemptions are deducted from the annual income tax. Please refer to the personal exemptions below. ANNUAL INCOME P250,000 and below Above P250,000 to P400,000 Above P400,000 to P800,000 Above P800,000 to P2,000,000 Above P2,000,000 to P8,000,000 Above P8,000,000 View Options- D Income Tax Tables under TRAIN Law (Part 1-Applicable from Year 2018 to 2022) Source: BIR and www.PinoyMoneyTalk.com R DISCORD huh (-egeneral-chat--e, CHAT AREA) aight just dim me na ing TAX RATE None (0%) 20% of excess over P250,000 P30,000+ 25 % of excess over P400,000 P130,000+30% of excess over P800,000 P490,000+32% of excess over P2,000,000 P2.41 million + 35% of excess over P8 million
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