Write a program that prompts the user for a name, social security number, hourly pay rate , and the number of hours worked.
- Gross pay defined as hourly pay rate time hours worked.
- Federal withholding tax, defined 15% of the gross pay.
- State withholding tax defined as 5% of the gross pay.
- Net pay is defined as gross pay minus taxes.
Certainly! Here's an example program in Python that prompts the user for the required information and calculates the gross pay, federal withholding tax, state withholding tax, and net pay:
```python
# Prompt the user for input
name = input("Enter your name: ")
ssn = input("Enter your Social Security Number: ")
hourly_pay_rate = float(input("Enter your hourly pay rate: "))
hours_worked = float(input("Enter the number of hours worked: "))
# Calculate gross pay
gross_pay = hourly_pay_rate * hours_worked
# Calculate federal withholding tax
federal_withholding_tax = 0.15 * gross_pay
# Calculate state withholding tax
state_withholding_tax = 0.05 * gross_pay
# Calculate net pay
net_pay = gross_pay - federal_withholding_tax - state_withholding_tax
# Print the results
print("Name: ", name)
print("Social Security Number: ", ssn)
print("Gross Pay: ", gross_pay)
print("Federal Withholding Tax: ", federal_withholding_tax)
print("State Withholding Tax: ", state_withholding_tax)
print("Net Pay: ", net_pay)
```
To run this program, you can copy the code into a Python script file (e.g., `payroll.py`) and then execute it using a Python interpreter. The program will prompt the user for the necessary information and calculate the different components accordingly. Finally, it will display the results on the console.
However, keep in mind that retrieving sensitive information like Social Security Numbers from users in an open environment may not be secure. It is advisable to implement additional security measures while handling such sensitive information.