Start Enter Yearly Income Get Yearlyincome Yearlyincome Q37094297

covert to python
Start “Enter yearly income GET yearlyIncome yearlyIncome <40000 Yes No STANDARD DEDUCTION STANDARD DEDUCTION 10000 8000 tax Rate ← 0.20 taxRate ← 0.3 taxablelncome yearlyIncome – STANDARD DEDUCTION incomeTax ← taxable!ncome * taxRate PUT “Income Tax is $” + IncomeTax + “.” End Show transcribed image text Start “Enter yearly income GET yearlyIncome yearlyIncome

Solution

yearlyIncome = float(input(“Enter yearly income: “))if yearlyIncome < 40000: STANDARD_DEDUCTION = 10000 taxRate

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