Generally, if your GROSS income is under $8,950 you wont' have to file. But, of course there are many "ifs" and you should read Publication 501 to see if any apply. http://www.irs.gov/pub/irs-pdf/p501.pdf However, even if you don't have to, the list of reasons why you should is very extensive...and includes that many in that situation actually get benefits or money under many of the government programs. (Rememer this years "stimulus payment", which was only for people who filed, even if they didn't have to pay). Also, just common sense: If the Gov't says you don't have to file, why do you think they do this? Becuase it's good for you....or for them?
An income threshold is the amount of earnings a person can receive before they have to start paying taxes. Each state has different amounts to this threshold.
If a person has predictable income this means that they can create a budget that stems out for weeks or months without having to change it much. A person with irregular income streams will need to create a budget with shorter time frames as they will need to make adjustments more often. It is best to budget irregular income on a weekly or bi-weekly basis.
oh im not sure but i am am phillipenes income tax worker and depend how you are but i pay a billion dollars or more per a person hope you like my awnser
Chargeable income is the income from a self-employed person
0$. Section 61 of the IRS Code defines gross income as any accession to wealth. All money earned, in which a person is petter off than they were before, is considered taxable income.
generally, no
the average person in Iran makes around $12,000 a year.
You are required to report all income on your tax return. Whether or not you actually have to pay taxes on those earnings depends on your income, credits, and deductions.
That is called your Net income. Before taxes it is called Gross income.
Economists measure a nation's standard of living: by calculating GDP per person by calculating per capita income (the best indicator) by calculating average personal income.
Economists measure a nation's standard of living: by calculating GDP per person by calculating per capita income (the best indicator) by calculating average personal income.
If the pregnant person is under age 18, yes.
The average income of a person living in a country can vary widely based on the country and its economic conditions. In general, it is influenced by factors such as the level of economic development, cost of living, and job market opportunities in that country. It is best to consult specific data or reports for accurate information on average income in a particular country.
yes even i had a nightmare and im living!
No.
It is the amount of material goods and luxuries that can be afforded compared to a person's income level.
Anyone who makes taxable income pays income tax. A 73 year old person in the US living on social security may not have to pay income tax, but will still have to file.