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this might not answer your question completely but it has A LOT of info....
http://en.wikipedia.org/wiki/United_States_federal_budget
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What percentage of income tax is paid by what income group?
These numbers are for Federal Income Tax for 2008.The top 50% paid 97.3% of all Federal Income taxes collected.The top 10% paid 69.9%The top 5% paid 58.7%The top 1% paid 38.2%The bottom 50% of income earners only paid 2.7% of the total Federal Income tax in 2008
Will the federal income rebates of 2008 be taxable on your 2009 federal income tax?
Yes. No. The IRS, in Notice No. CP 1378, "Understanding Your Economic Stimulus Payment", mailed to recipients of the tax rebates, states "You will not be required to report the amount of your stimulus payment as taxable income on your 2008 federal income tax return." See also: http://www.factcheck.org/askfactcheck/is_the_economic_stimulus_payment_taxable.html
Is federal tax on gasoline deductible on a 2008 federal tax return?
No. Not any year. And Federal Tax, even income tax, is not deductible on a return.
If you have child that is 18 years old and still in High School and they are a dependent of yours can you still claim them on your 2008 Federal Income Tax?
Yes
How much can a self employed married man earn before paying tax wife not working wife not working?
A self-employed person must file an income tax return and pay self-employment taxes on net income from self employment of $400 or more. As for federal income tax, assuming that you have no children and do not itemize, you can earn up to $17,900 (the sum of two personal exemptions and the standard deduction for married filing jointly for 2008) of net self-employment income before income taxes will apply.
How much federal income tax was collected in 2008?
Everything you want for this type of data and more:http://www.taxfoundation.org/taxdata/
What percentage of income tax is paid by what income group?
These numbers are for Federal Income Tax for 2008.The top 50% paid 97.3% of all Federal Income taxes collected.The top 10% paid 69.9%The top 5% paid 58.7%The top 1% paid 38.2%The bottom 50% of income earners only paid 2.7% of the total Federal Income tax in 2008
Federal income tax exemptions?
The deduction per exemption is $3,500 in 2008.
Will the federal income rebates of 2008 be taxable on your 2009 federal income tax?
Yes. No. The IRS, in Notice No. CP 1378, "Understanding Your Economic Stimulus Payment", mailed to recipients of the tax rebates, states "You will not be required to report the amount of your stimulus payment as taxable income on your 2008 federal income tax return." See also: http://www.factcheck.org/askfactcheck/is_the_economic_stimulus_payment_taxable.html
Is federal tax on gasoline deductible on a 2008 federal tax return?
No. Not any year. And Federal Tax, even income tax, is not deductible on a return.
Of the 2 Trillion collected by the IRS how much is from personal income tax versus corporate tax?
The IRS releases a "data book" each year showing statistics about collection. According to the IRS databook, in Fiscal Year 2008 the IRS collected $2.69 Trillion dollars. Of that amount, it broke down like this: Corporate Income Tax: 12.9% Individual Income Tax: 52% Employment Tax: 32.2% Estate Taxes: 1.1% Excise Taxes: 1.9% {| |- | |}
What is the largest portion of the federal revenue?
The largest portion of the federal revenue comes from individual income taxes. In 2008, individual income taxes made up 45 percent of the federal revenue. In 2008, individual income taxes totalled $2.5 trillion. For more information, go to the Urban Institute and Brookings Institution Tax Policy Center website, www.taxpolicycenter.org/briefing-book/background/numbers/revenue/cfm, to view 'The Numbers: What are the federal government's sources of revenue?'
Do you get a w2 if you collected unemployment in 2008?
You don't get a W2, but you will get a 1099 and it's kind of like a W2. You need this to file your taxes because it is a taxable source of income.
You just filed for bankruptcy and also got your 2008 refund will that be added to income in2009?
I filed my Federal taxes for 2008 and just received a refund and I am in the process of filing bankruptcy this month will that refund be added as income to the bottom line?
Are unemployment earnings for the year 2008 subject to federal income taxes?
Generally, yes. On the State level someplaces they may not be.
When is tax payment due if already filed?
The federal income tax payment and most state income tax payments for 2008 are due today, April 15, 2009.
The percentage of income tax of total revenue?
According to the Fiscal Year 2008 Budget, 46% of federal revenue is from individual income taxes. Another 35% is from Social Security, Medicare, and Federal Unemployment taxes, which are used by Congress as general revenue.
