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How much taxes will be taken out with an income of 8000 a month?
Wiki User
∙ 14y ago
Your employer should be the one that may be able to give you these numbers for the amount of employment taxes and income tax federal, state and local taxes that may be withheld from each 8000 a month pay periods.
8000 x 12 = 96000 for the year.
Wiki User
∙ 14y ago
Anonymous
ya
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If you won 8000 us dollars how much taxes do you have to pay?
The amount of taxes that you have to pay depends on how it affects your annual income. However, it is common practice to withhold about 20% of cash prizes for income tax purposes. 20% of 8000 is 1600.
If you received the 8000 dollar tax credit in 2009 will you need to claim it as income on your taxes?
No the FTHBC 8000 amount that your received in the 2009 tax year is not taxable income that you would have to report on your 1040 income tax return.
How much tax do you pay if you earn 5000 a month?
How much tax do I pay if I earn 8000 a month
Do I file a tax return if I only made 8000 gross income and I'm single and 21 years old?
You're not required to file a return for your Single filing status if your 2008 income is less than $8,950 (or less than $9,350 for 2009). Even though you're not required to file, you should file if income tax was withheld from your earnings in order to receive a refund of that tax. Also, if you're eligible for certain credits (such as earned income), you should file even when not required
If you invest 8000 at 12 interest how much will you have in 7 years?
interest investments are collected annually (yearly) so you would take 12 % and multiply it by $8000. 8000 x .12 = 960 this means that you collect $960 annually from interest. so then multiply the $960 by your number of years (7). 960 x 7= $6720. Then you would add the interest you received from the investment and add it back to your innitial investment of $8000. 8000 + 6720= $14720.00
If you won 8000 us dollars how much taxes do you have to pay?
The amount of taxes that you have to pay depends on how it affects your annual income. However, it is common practice to withhold about 20% of cash prizes for income tax purposes. 20% of 8000 is 1600.
If you received the 8000 dollar tax credit in 2009 will you need to claim it as income on your taxes?
No the FTHBC 8000 amount that your received in the 2009 tax year is not taxable income that you would have to report on your 1040 income tax return.
Who sell a one million dollar insurance?
whoes income is above $8000 per month
Do you have to pay taxes upfront on 8000 win in Massachusetts if you are from New Hampshire?
Probably because the income from Massachusetts would be taxable in that state.
A company's fixed interest expense is 8000 its income before interest expense and income taxes is 32000 Its net income is 9600 The company's times interest earned ratio is?
Formula for times interest earned = earning before interest and tax / interest expense Times interest earned = 32000 / 8000 = 4 times
If you make less then 8000 on unemployement do you have to pay taxes?
Yes. Unemployment benefits are income taxable with some reductions, but otherwise as any other tax payer.
Will the 8000 be refunded or will just reduce your adjusted gross income?
The tax credit amount does not have any affect on your AGI nor on your taxable income amount. Your federal income tax liability if any will be reduced by up to the 8000 of your FTHBTC. If your federal income liability is less than the 8000 amount then you will receive a refund of the amount that is left. The 8000 FTHBTC is a refundable credit and if you do not have any federal income tax liability you will receive the 8000 amount as a refund.
Can I get 8000 tax refund if you have a co-signer?
Sure! All you have to do is overpay your taxes by $8000 first.
How much tax do you pay if you earn 5000 a month?
How much tax do I pay if I earn 8000 a month
What is the fee structure of fashion designing in hunerkada?
8000 per month for diploma courses
How much a medical laboratory technician can get salary per month?
in private- 8000-12000 rs per month and in govt.-30000-40000 rs per month
What do you have to pay in taxes for 8000 dollars?
For income tax, this depends on your age and filing status. For most taxpayers, the minimum amount on which you must pay tax is over $8,000, so most people would pay no tax. The only exception is if you are married and filing separately.
