Depends on many things - who gives, who receives, what was given, what the basis is....how it's claimed...much more.
The total tax is $0.14 and the total price with tax is $2.14
For Single filing status, 2008 tax is $678,597 (2 million multiplied by 35 percent minus $21,403).For Married Filing Jointly, 2008 tax is $671,575 (2 million multiplied by 35 percent minus $28,425).For Head of Household, 2008 tax is $675,409 (2 million multiplied by 35 percent minus $24,591).The actual tax liability would be more or less depending on your other income, any income tax withheld from your other earnings, etc.
2 million
Check the Wisconsin State Statutes in Wisconsin for taxes on lottery winnings. It will give you the percentage. Well that wouldn't be exactly true..the STATE (or Federal) tax laws may tell you what the required withholding on some income is, which is an estimate of tax FOR THAT jurisdicition, but not for all. And the withholding percentage has really little to do with the tax you will pay...that depends on many, many other factors - other deductions, other income, exemptions, how and when paid/received....etc. (For example, if your a gambler and have 1+ mill of losses...you would pay no tax on this income....although you may pay tax overall). And of course, if it is subject to other things, like FICA, unemploymen, disabiltity. etc., tht many consider tax, depends on a number of other things. And as an example, on the above answer...so whatever is paid eventually to that State as an income tax, becomes a deduction for Federal taxable income and changes the amount of tax one would owe them. So even the same person earning in Wisc would be taxed differently than say in Arizona, because of the different state tax rate. 2 people, even with the same income, infrequently pay the same tax. A tax deduction of say one million dollars and earning of one million dollars does not mean you will not owe taxes
We do not have inheritance tax in the United States. We do have Estate Taxes. Estate taxes should be paid by the estate and not by the one who inherited property. Depending on what year the person dies, and what the value of the estate is at the time of death determines whether or not an Estate Tax Return must be filed and if such tax is due. You need to see a tax preparer qualified in such matters to determine if this type of return is needed to be filed or not.
What about 1 million dollars? sounds good 2 me :D
2% is 2 million dollars
10000+10000=2 million dollars
2 dollars out of 200 million dollars is 0.000001%
4 percent of 2 million dollars is 80,000 dollars.
2% is 20 thousand dollars
2 million of them.
2 million dollars divided by 5 is 400 thousand dollars.
About $169,981,900.00 in 2015 dollars.
There are 8 zeroes in the number for 2 million dollars
0.85
0.08 cents in 2 million dollars = 8 cents in 200 million dollars = 8 dollars in 20 billion dollars = 8/20 billion = 0.0000000004