| income tax |
| What tax I to pay for income of 160000/year? |
|
Presumptions: (1) assessee is male (2) Not a senior citizen (3) No other eligible deductions/exemptions . Now answer : Assessible Income:- 1...... |
| Can social security tax be deducted from earned income to caculate adjusted gross income? |
|
If you are self employed and file schedule C, 1/2 of your social security tax will be deducted from your gross income as an adjustment to i...... |
| How can deciding how to receive income minimise the amount of tax you have to pay? Please help? |
|
Some types of income are taxed at different rates than others. For example, if you work as an independent contractor rather than as an empl...... |
| Is there any way I can use income averaging to lessen my tax burden this year.? |
|
If you get pd the same amount every pay period or around the same amount you can find out how much you will make in a year and what tax brac...... |
| What must a single taxpayer's gross income be to file a tax return? |
|
For 2005 (2006 should be a little more):
If you are not a dependent on another person's return:
less than 65 years old $8,200
65 ye...... |
| Can someone list 3 examples of taxable income and 3 types of tax deductions? |
|
According to the IRS, the primary types of taxable income are:
W2 wages. Your W-2 form is the most basic tax form that almost everyone re...... |
| IS there a max limit to how much income i can save from tax??? |
|
Yes, RS 1 Lakh . But you can plan your investment to maximise the saving. For example, if you take home loan, then maximum saving which you ...... |
| With 2 kids and less than 3K in Income, can I a get Tax Refund? |
|
The sutoff for income tax if around $6000. This is why so many teens who make under this amount get a FULL tax refund. If your friend is bel...... |
| If I have 100,000 in dividend and CG income and 50K in interest income, what is my Fed tax rate on the int? |
|
That depends on your filing status, number of exemptions, etc. I'm assuming that your "CG" income is long-term capital gain--o...... |
| Tax Implictions: Partnership K-1 Income vs. 1099 (Independent Consultant) Income? |
|
Basically no difference tax-wise. Preparing your return will be easier since you don't have to file a Schedule C. You will still pay s...... |
| Tax rate on 50,000 income? |
|
This depends on many things: itemize deductions, any dependents, other sours of income, education expenses?...... |
| I have no taxable income & do not file a tax return. If I sell Stock would I fall into the 5% tax bracket? |
|
depends on how much you sell 1.00-10000000 dollars +...... |
| Should low income families receive a larger tax credit? |
|
Derek,
They say that the gap between the wealthy and the poor is increasing. It seems to me that low income families need to provide for th...... |
| How will income earned by a US tax-paying citizen from a foreign trust in the UK be taxable in the US? |
|
The easiest way to look at this is say that the recipient is getting a gift of income. As such, that would be reported as such. The estate...... |
| Is rental income in India exempt from tax? |
|
1.Rental income is taxable as income from house property in india
2. If you have more than one residential property - you choose one which...... |
| Do Irish/US dual citizens with Irish residency have to pay tax on US rental income? |
|
First step you research to find if US and Ireland has an international treaty to avoid double taxation undersigned.
Second, you determine w...... |
| How is miscellanous income entered into a 1040 tax form? |
|
It depends on what the income was,
Is it from self employment? that is the determing factor to where to report it. More information is need...... |
| Which of the following is intended primarily to enhance a person's tax advantage and retirement income? |
|
The answer is D. But to add a little bit of understanding:
A traditional IRA (Individual Retirement Account) allows you to contribute p...... |
| I have 7 lac income pa how much maximum tax can I save? |
|
You are open a PPF a/c in Post Office of Rs.10000/- p/a and Life Insurance policy of Rs.20,000/- p/a, thereafter your Tax liability is nil....... |
| Is there a minimum income requirement for the child tax credie? |
|
there one and the same. if you have earned income as opposed to unearned income then you are eligible for it.Look in the phone book for the ...... |
| How can deciding how to receive income minimise the amount of tax you have to pay? Please help? |
|
Some types of income are taxed at different rates than others. For example, if you work as an independent contractor rather than as an empl...... |
| If I file taxes as Married Filing Seperatley can I still claim my child tax credit and Earned Income Credit? |
|
Yes. As long as Hubby doesn't do it too....... |
| How would i pay 0 Rs. Tax even if My income more than 5 Lacs.? |
|
Avoid filling returns....... |
| 1Explain how a change in personal tax rate on interest income would affect the value of a levered corporation. |
|
I'm not totally clear as to what you are asking, but I will try to answer as best I can.
A corporation is a legal entity and not beho...... |
| What is W.Virgina's federal tax rate on earned income for a non-resident? |
|
my butt
Source(s):
me...... |
| Page:59 Previous-55-56-57-58-59-60-61-62-63-64-65-66-67-68-69-70-71-72-73-74-75-76-77-78-79--Next |