You are to create a Visual Basic program that will calculate the year end taxes due for an employee. The following information is to be entered into your form:
· name of the employee
· total wages for the year
· single or married status
If the employee is single, you must create a function called single to calculate the tax liability
Single
Wages<$25,000 tax rate=15%
Wages>=$25,000 and <$45,000 tax rate=18%
Wages>=$45,000 and <$65,000 tax rate=22%
Wages>=$65,000 and <$85,000 tax rate=28%
Wages>=$85,000 and <$100,000 tax rate=32%
Wages>=$100,000 tax rate=35%
If the employee is married, you must create a function called married to calculate the tax liability
Married
Wages<$25,000 tax rate=13%
Wages>=$25,000 and <$45,000 tax rate=16%
Wages>=$45,000 and <$65,000 tax rate=18%
Wages>=$65,000 and <$85,000 tax rate=20%
Wages>=$85,000 and <$100,000 tax rate=22%
Wages>=$100,000 tax rate=24%
· Create a function to calculate the state tax due - State tax due = 6% of the wages
· Create a function to calculate the local tax due - Local tax due 1% of the wages
· Create a procedure to print all of the data below:
ü Federal tax due
ü State tax due
ü Local tax due