answersLogoWhite
Taxes and Tax Preparation
Income Taxes

How much is tax for4181.60 income?

012

Top Answer
User Avatar
Wiki User
Answered 2013-07-03 22:45:49

You have to know what kind of income it is; any exemptions to be claimed; any credits available; age of the taxpayer; does anyone else claim the person who earned the income; are you talking about federal income tax?

001
๐Ÿ™
0
๐Ÿคจ
0
๐Ÿ˜ฎ
0
๐Ÿ˜‚
0

Your Answer

Related Questions


How much federal income tax is paid on $9600.00


how much income tax do i owe on $23,000 with 0 dependants


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.


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).


Washington does NOT have any Personal Income TaxesNo state personal income taxRetirement Income: Not taxed.


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.


It depends on ur income earning.the more u earn higher income the higher the tax rate


Before tax income is gross income less allowable deductions and rebates = assessable income. After tax income is assessable income less the applicable income tax


You will have to complete your income tax return correctly to get the correct numbers that you want.


It depends on your occupation!!


how much income can you earn as a retired couple before filing a tax return


No. And it is ONLY subject to capital gains tax...a much lower rate...as it is investment income.


yes,he has to pay 30% of income tax ,, bhawna :P........ i m aayushi :P


When a person does not file their income tax return every year, there will be a penalty. An income tax shows the amount of how much the person has earned for the year.


Income tax IS based on your income that is why it is called INCOME tax.


Yes. Any tax on income is income tax. Taxes imposed after income, such as sales tax, aren't.


They are good because without them you couldn't figure out how much income tax you owe.


how much tax will they take out of my paycheck $135,000 joint income


After your income tax return is completed correctly you will know what your marginal tax rate was for your taxable income for the year. The federal income tax rate on your taxable income can be from -0- percent to the maximum 35% marginal tax rate depending on your filing status and your total worldwide taxable income.


A income tax is a tax levied on the income of individuals or business.


Some 25% of gross income. It obviously depends on individual income.


Accrued income tax (Income Tax Payable) is a current liability. When the tax is actually paid it is reported on the income statement as Income Tax Expense.


No.Income is the amount of money you made.Income tax is the amount of tax you have paid on your income.eg income $500 tax $50 your net income is 500-50 = $450.Income tax is $50


Net income is what you get after tax, gross income is before tax.




Copyright ยฉ 2020 Multiply Media, LLC. All Rights Reserved. The material on this site can not be reproduced, distributed, transmitted, cached or otherwise used, except with prior written permission of Multiply.