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Use this program to calculate taxes and take home income, taking into consideration deductions.

Example Usage:

Allens-iMac:taxes Allen$ python tax.py --income 200000 --type W2 --retirement 18500 Total Income: $200000 Social Security Tax: $7960.8 (3.98%) Medicare Tax: $2900.0 (1.45%) SUI/SDI Tax: $1149.67 (0.57%) California State Tax: $13909.15 (6.95%) Federal Income Tax: $35929.5 (17.96%) Total Tax: $61849.12 (30.92%) Total Net Income Is: $119650.88 plus 401k amount $18500

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Tax calculating program

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