how much income tax do i owe on $23,000 with 0 dependants
what will be the tax owed on $60,000.00 for single and no dependents?
170000
Taxed at your ordinary income rate, which varies person by person, based on other income, deductions, dependents, losses, State rate, city rate, etc., etc. You understand that "winning a foreign lottery" is one of the most common frauds/scams that are found don't you?
An individual's net income is used to determine how much income tax is owed. ... cash flows from operating activities ...
Yes, the IRS can, and will, garnish an income tax refund if money is owed from an audit.
It's impossible to say without more knowledge of your situation.Assuming that you made exactly $32,000 in 2014, it all came from wages or salary, you were single, had no dependents, could not yourself be claimed as a dependent by someone else, and took the standard deduction rather than itemizing deductions, you would have had a taxable income of $21,850 and would have owed $2,828 in Federal income taxes. You would probably also have owed state income tax, but tax laws in each state are different, and I don't propose to figure it out for all fifty of them for you ... if you really want to know, every state I know of that has an income tax has forms and instructions online, and you can figure it out yourself.
Is there a statue of limitations on Missouri income tax that is owed
no
And the out of state income is from Alabama
Yes, it can. Taxes owed are garnished from all sorts of income, unfortunately.
We don't know. We can't know, because the calculation is a lot more complicated than it appears. It depends on where the $4200 came from (capital gains? wages? interest?), whether or not you're married, how many dependents you have (and whether or not you can claim yourself as a dependent), whether the amount is gross, AGI, or taxable income, and lots of other things..
We don't know. We can't know, because the calculation is a lot more complicated than it appears. It depends on where the $4200 came from (capital gains? wages? interest?), whether or not you're married, how many dependents you have (and whether or not you can claim yourself as a dependent), whether the amount is gross, AGI, or taxable income, and lots of other things..