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Single taxpayer under the age of 65 with 68000 of TAXABLE INCOME on the 2009 1040 federal income tax return page 2 line 43 the amount of the income tax liability on the 1040 page 2 line 44 would be $13194, before any possible credits or any additional taxes that may come into play before arriving at the last line of your 1040 income tax return.
You are the only one that has all of the necessary information that will have to be reported on your 1040 FEDERAL income tax return for the year in order to do the calculation for the numbers that you are looking for.
After you complete your 1040 federal income tax return correctly to your TAXABLE INCOME and page 2 lines 43 and Line 44 you will know the amount of your income liability before any credits or other taxes.
Continue from Line 45 to the last lines at the bottom of the 1040 page 2 and then you will know how much taxes you will have to pay if any after you complete your 1040 income tax return correctly.
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How much tax does a retired person pay on 68000 income?
That depends on several factors including dependents, marital status, deductions, and other factors. What expenses do you have? Check with your accountant for the best advice.
If you spent 68000 dollarss on various merchandise and services and there was a 6 percent sales tax included in that amount how much money did you pay in sales tax?
The total sales tax was $4,080.00
How much tax do you pay on rental income?
First, you offset as much of the rental income as you can with deductions for interest, depreciation, utilities, etc. Whatever net income remains, you pay tax on as ordinary income (depending on your tax bracket).
How much federal income tax do is owed on 750000 income?
170000
How much tax paid on 5000 income?
You will have to complete your income tax return correctly to get the correct numbers that you want.
How much tax does a retired person pay on 68000 income?
That depends on several factors including dependents, marital status, deductions, and other factors. What expenses do you have? Check with your accountant for the best advice.
If you spent 68000 dollarss on various merchandise and services and there was a 6 percent sales tax included in that amount how much money did you pay in sales tax?
The total sales tax was $4,080.00
What income tax do you pay on 9600?
How much federal income tax is paid on $9600.00
How much income tax owed on 23000 with 0 dependents?
how much income tax do i owe on $23,000 with 0 dependants
What created the income on tax?
Your question is backwards. There is no income on tax. However, there is a tax on income. This is known as income tax. Income tax is a system created by the government that takes a percentage of your income out of your check based on how much money you earn. Generally speaking, the higher your income, the higher the percentage of it the government takes.
How much tax do you pay on rental income?
First, you offset as much of the rental income as you can with deductions for interest, depreciation, utilities, etc. Whatever net income remains, you pay tax on as ordinary income (depending on your tax bracket).
What is the average income of a wildlife scientist?
$55290 to $68000. It depends on how good you are. See ya!
Are tax payments deductible?
Estimated Income tax payments are not deductible in figuring out what your taxable income is, that determines how much your actual income tax is. See, that's circular.
How much federal income tax do is owed on 750000 income?
170000
How much tax paid on 5000 income?
You will have to complete your income tax return correctly to get the correct numbers that you want.
How much is income tax?
It depends on your occupation!!
How much does a retired couple have to make before they have to file income tax?
how much income can you earn as a retired couple before filing a tax return
