Earnings of any type are taxed like any other income and therefore it depends on your own personal situation...as no 2 people, even with the same income, would likely pay the same tax. (If the earning is from a capital gain, or other specific type of source, it may have a special rate).
It depends on many, many things...not the least of which is what you consider tax. Many people group all their withholdings as a type of tax, but many may not be. Workers Comp, Unemployment, even FICA are all really more an insurance payment than a withholding against an income tax. Some vary not just by State, but by company...or job in the company.
The amount (or percentage) of income tax withheld (or eventually paid) also depends on many other things...obviously which state (or even city) your in (although that may be a surprisingly small variable), the amount of income your projected on earning over the year (because that helps determine your tax bracket and the percent that may be needed), as well as your filing status, number of dependents and other deductions. And other possible income. And some things are taken out as a straight percentage up to a certain amount of income being earned in a year, and then stop (like FICA). All these things can be adjusted for your circumstances by properly and completely filling out (or changing) the Form W-4 all employers ask you to. Understand that the definition of income changes with each application...your income from your employer is one thing, but the taxable income is different for the IRS, the State, and each other.
Finally, there are a number of different legal ways for the payroll provider to calculate certain aspects of the amount to withhold...but overall they make only a small difference. Remember, anything withheld is just being done as an estimated installment payment toward whatever tax, if any, you do ultimately owe. If too much is withheld, it is refunded. (Too little, and you could pay a penalty). Again, adjusting your W-4 is the way to correct for any of these circumstances.
How much tax do I have to pay on 1,000 dollars
In the range between 2-3 grand.
$600
600thou
You would have 30000 after the tax amount.
How much tax do I have to pay on 1,000 dollars
In the range between 2-3 grand.
$600
600thou
40000 dollars at 40%
You would have 30000 after the tax amount.
Gift tax is anything over $12,000. However, if you are married (living together, whatever), you can each receive $12,000 without tax. Actually, the one giving the gift is liable for the tax on it.
That would depend on the laws that apply in the country in which you live. However with an income of 30,000 units of some currency, it is probable that you would have to pay tax, not get a tax refund.
$74.00 * 1.06 = $74.00price + $4.44 tax= $78.44 total
64 cents
Yes, That is one of the things that you pay tax for.
im a single mum self employed. how much tax should i put away out of 700 a week