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How much would you need to earn to be in the top 5 of household income?
Household income levels that place one in the top 5 percent vary by location and change over time. However, at a national level in the United States, earning around $200,000 per year would typically put a household in the top 5 percent of income earners.
What is the average household income for Mormons?
The average household income for Mormons varies depending on geographic location and other factors. In the United States, the median household income for Mormon households is around $70,000, which is slightly higher than the national average.
Are social security benefits taxable?
Social security benefits may be taxable depending on your total income for the year. If your income is above a certain threshold, up to 85% of your social security benefits may be subject to income tax. It's best to consult with a tax professional to determine if your benefits are taxable.
How much money does the average American spend on taxes per year?
According to the Tax Foundation, a nonpartisan organisation, the average American pays an average tax rate of 12.60% percent on their income as of 2008.According to the figures released from the 2007 US Census the median earnings of men who worked full time, year-round were $45,113 and women were $35,102. Arithmetic provides: Tax for Men: $5684.24 Tax for Women: $4422.85According to figures based on the average reported income of Americans, as tabulated by data collected from income tax returns in 2008, the median income of all people, both men and women, is $31,987.Tax on Average: $4030.36Please consider that this was in no way calculated by an economist or an actuary with accredited math skills, also that this only represents income tax and not other forms of tax and that the figures available from the sources mentioned are not always compatible.However I believe that this answer may be marginally more educational than the former one which stated the unfounded and likely erroneous figure of $10 million.
Is general assistance the same as welfare?
General assistance is a type of welfare program that provides cash assistance to low-income individuals who do not qualify for other forms of public assistance like Temporary Assistance for Needy Families (TANF) or Supplemental Security Income (SSI). Welfare is a broader term that encompasses various government programs designed to support individuals and families in need, which may include general assistance.
How much would you need to earn to be in the top 5 of household income?
Household income levels that place one in the top 5 percent vary by location and change over time. However, at a national level in the United States, earning around $200,000 per year would typically put a household in the top 5 percent of income earners.
How much money do Somalia people earn in a day?
Per capita household income ($) Somalia 226
What determines the amount of income a household will earn in the resource market?
the amount of income a household will earn in the resource market determined by how many productive resources firms need to produce their products, and determined by the quality of goods and services the household has expenditured on in the product market.
How much life insurance would a newly married couple with a $100k annual income need?
A couple should be able to replace from one to five years of household income.
How much money do you need in the bank to generate an income of 3000.00 a month?
It depends on the interest rate.
If you are considering renting a place for 1500 a month and you are one of 3 people on the lease how much does your gross income need to be?
The general rule is that the household must earn at least three times the amount of rent to qualify. In most states, this is the case for all three applicants.
How long will zucchini last after picking and does it need to be refridgerated?
in a month
I AM RECEIVING CASH ASSISTANCE FROM THE GOVERNMENT BUT I'M LOOKING FOR AN APT. HOW CAN I FIND A LOW INCOME APT, THAT CAN GO WITH WHAT I CAN AFFORD?
There are a lot of apartments that rent based on your income and household size. You need to call them to find out if they are the low income apartments or not.
Why does periods last for a month or more?
You need to go and speak to your doctor about it
Which form does a taxpayer need to get an automatic 6 month extension to file their income tax return?
Form 4868
Average Haiti Income?
The national income per household in Haiti per year is $560. This meager income makes it hard for Haitians to purchase the necessities in life that their family will need and is cause for much of the malnutrition and health care concerns within the country.
How can someone plan a budget that will pay off credit card debt?
In order to plan a budget that will help you pay off credit card debt you must do several things. First of all you will need to assess what kind of monthly bills are going to be ongoing and also what unexpected costs will you need to budget for. Of course monthly income will need to be calculated but for most people that is a little easier unless you have income that fluctuates from month to month. Once you have your base income and a good idea of what your estimated costs are you can see what your disposable income will be. From this amount you will need to realistically decide how much you can live without each month and put that amount every month toward paying off your credit card debt.
