answersLogoWhite

0


Best Answer

For 2009, if you're Single with no dependents and income of less than $5,000, then you're not required to file. You'd be required to file if your income were at least $9,350. If income tax were withheld from you earnings in 2009, then you should file for a refund of all federal income tax withheld. Your income is zeroed out by your standard deduction of $5,700 plus your personal exemption of $3,650.

User Avatar

Wiki User

14y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: If your income is less than 5000 a year how much will you pay in taxes?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

How much are taxes in Florida on 5000 dollars?

None. Florida doesn't have State Income taxes and the threshold for Federal Income taxes is more than $5000 as the Standard Deduction for a single person for 2014 is $6200.


Do I have to pay taxes on my retirement?

Yes, you have to pay taxes on your retirement at a rate determined by your retirement income, which should be much lower than your working income. Yes, you have to pay taxes on your retirement at a rate determined by your retirement income, which should be much lower than your working income.


Are taxes more with making less money or more money?

Much less making less money. About 50% of the people in the United States pay no income tax at all, and a large percentage of them actually get money back in the form of a earned income credit.


How much do Swedes pay for there income taxes?

a lot


How much income do you have to earn before you have to file Oregon state income taxes?

$3000


Do English people pay income taxes like America?

oh yeah. Big taxes. (depends how much income, etc. but nevertheless!)


How much will you pay in federal taxes?

If I retire and my income is $4500. a month, how much federal income tax will I pay?


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.


What is the cost to the tax payers annually to nasa?

Depends on your income level. Generally much less than most people think. From $0.35 ($1 - $5000 annual income) to $17,445.67 ($10 million annual income) Check out the related link below.


The different type of taxes citizens pay?

There is Income taxes, sales taxes, property taxes and school taxes but probably much more than that.


HOW MUCH TAXES DO YOU PAY ON 1485.00?

This will depend on the source of the income.


How much does each state pay in Federal income taxes?

as much as they wont.... =)