I need to FICA and Federal Tax % to a weekly paycheck calculator. I think I have everything in the program that needs to but, I think I might have a line in the wrong spot or in the wrong order. Any help would be greatly appreciated. Thank you.
Public Class Form1
Private Sub btnExit_Click(ByVal sender As System.Object, ByVal e As System.EventArgs) Handles btnExit.Click
Me.Close()
End Sub
Private Sub btnCal_Click(ByVal sender As Object, ByVal e As System.EventArgs) Handles btnCal.Click
Dim payRate As Decimal
Dim grossPay As Decimal
Dim netPay As Decimal
Dim hoursWorked As Integer
Dim annual As Decimal
Dim fedTax As Decimal
Dim fica As Decimal
Dim totalDeds As Decimal
payRate = textboxBasePay.Text
hoursWorked = textboxHours.Text
grossPay = hoursWorked * payRate
lblGrossPay.Text = FormatCurrency(grossPay)
annual = grossPay * 52
totalDeds = fica + fedTax
lblTotalDeductions.Text = FormatPercent(totalDeds)
If annual <= 50000 Then
fedTax = 0.25 And fica = 0.07
ElseIf annual > 50000 < 120000 Then
fedTax = 0.31 And fica = 0.15
Else
fedTax = 0.35 And fica = 0.15
End If
'totalDeds = fica + fedTax
'lblTotalDeductions.Text = FormatPercent(totalDeds)
netPay = grossPay - grossPay * totalDeds
lblNetPay.Text = FormatCurrency(netPay)
' lblTotalDeductions.Text = FormatPercent(totalDeds)
Label8.Text = FormatPercent(fedTax)
Label10.Text = FormatPercent(fica)
End Sub
End Class