First, launch NetBeans and close any previous projects that may be open (at the top menu go to File ==> Close All Projects).
Then create a new Java application called "IncomeTax" (without the quotation marks) that prompts a user for his or her marital status (single or married) and annual income (a double value), and then uses nested if statements to compute that person's tax, based on the simplified tax-rate table below.
Output of your program should look close to the following and should be constructed using both String literals and variables for income, tax rate, and income tax.
Based on a status of "single" and an annual income of $10000.00,the income tax is 15.00% of $10000.00, which equals $1500.00.Simplified Tax-Rate Table
Marital Status - Single
Marital Status - Married
<=>=>
15%
12%
> $30,000
25%
20%
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