0
If your taxable income is from 4000.00-7499.00 your tax is plus100 plus 5 percent of any amount 4500.00 then how much tax in dollars is due on a taxable income of 5800.00?
Wiki User
∙ 13y ago
So you have 100 plus
5 percent of the amount over 4000. 2999 X .05 WOULD BE 120 PLUS THE 100 WOULD 220 CORRECT.
Wiki User
∙ 13y ago
Add your answer:
Earn +20 pts
Is executor fee in NJ taxable?
Yes, the executor fee in the state of NJ is taxable. However, it is only 5% taxable and up to $200,000 dollars.
If your taxable income Is from 4000.00- 7499.00 your tax is 100 plus 5 percent of any amount 4500.00 How much tax in dollars is due on a taxable income of 5800.00?
Your tax would be $165.00. (5800-4500=1300 X .05=65+100=165.00)
What is the tax on million dollars?
Generally, anyone with taxable incomes of $100,000 and above uses the Tax Computation Worksheet, not Tax Tables. The tax rate on taxable incomes over $372,950 is 35 percent. On $1 million dollars, this amounts to $350,000. This percentage then is reduced by $22,316.50 (if you're Single); by $29,638 (if Married Filing Jointly); or by $25,640 (if Head of Household).For a Single person, the total tax on a taxable income of $1 million dollars would then be $327,683.50. For Married Filing Jointly, the total tax would be $330,362. For Head of Household, the total tax would be $324,360.If $1 million dollars is the gross amount, then it would be reduced by any adjustments, itemization (or standard deduction), or personal/dependent exemptions. If the taxable income is over $372,950, then the tax rate still would be 35 percent.
What is the tax on a million dollars?
Generally, anyone with taxable incomes of $100,000 and above uses the Tax Computation Worksheet, not Tax Tables. The tax rate on taxable incomes over $372,950 is 35 percent. On $1 million dollars, this amounts to $350,000. This percentage then is reduced by $22,316.50 (if you're Single); by $29,638 (if Married Filing Jointly); or by $25,640 (if Head of Household).For a Single person, the total tax on a taxable income of $1 million dollars would then be $327,683.50. For Married Filing Jointly, the total tax would be $330,362. For Head of Household, the total tax would be $324,360.If $1 million dollars is the gross amount, then it would be reduced by any adjustments, itemization (or standard deduction), or personal/dependent exemptions. If the taxable income is over $372,950, then the tax rate still would be 35 percent.
What is the income tax rate in Georgia?
It depends on the filing status. For 2007: Joint or Head of Household: Tax is computed at a graduated rate and is assessed in a range from one to five percent on the first $10,000 of net taxable income (total tax on first $10,000 of net taxable income is $340) plus six percent of the excess of net taxable income over $10,000. Single Return: One to five percent of the first $7,000 of net taxable income (total tax on the first $7,000 of net taxable income is $230) plus six percent of the excess of net taxable income over $7,000. Married Couple Filing Separate Return: One to five percent on the first $5,000 of net taxable income (total tax on the first $5,000 of net taxable income is $170) plus six percent of the excess of net taxable income over $5,000. http://www.etax.dor.ga.gov/taxguide/TSD_Tax_Guide_for_Georgia_Citizens_2007.pdf
What is the basic rate for Maryland taxes?
The basic rate for Maryland taxes is two percent of the taxable income. This is the rate for when the amount of taxable income is less than one thousand dollars.
If your taxable income is from 4000 - 7499 your tax is 100 plus 5 percent of any amount 4500 how much tax in dollars is due on a taxable income of 5800?
$100.00 plus 5% of $1300.00 = $100.00 + $65.00 = $165.00
If your taxable income is from 4000.00 7499.00 your tax is 100 plus 5 percent of any amount 4500.00 how much tax in dollars is due on a taxable income of 5800.00?
How about this amount 1300 X .05 = 65 + 100 = 165
Is executor fee in NJ taxable?
Yes, the executor fee in the state of NJ is taxable. However, it is only 5% taxable and up to $200,000 dollars.
If your taxable income Is from 4000.00- 7499.00 your tax is 100 plus 5 percent of any amount 4500.00 How much tax in dollars is due on a taxable income of 5800.00?
Your tax would be $165.00. (5800-4500=1300 X .05=65+100=165.00)
What is the tax on million dollars?
Generally, anyone with taxable incomes of $100,000 and above uses the Tax Computation Worksheet, not Tax Tables. The tax rate on taxable incomes over $372,950 is 35 percent. On $1 million dollars, this amounts to $350,000. This percentage then is reduced by $22,316.50 (if you're Single); by $29,638 (if Married Filing Jointly); or by $25,640 (if Head of Household).For a Single person, the total tax on a taxable income of $1 million dollars would then be $327,683.50. For Married Filing Jointly, the total tax would be $330,362. For Head of Household, the total tax would be $324,360.If $1 million dollars is the gross amount, then it would be reduced by any adjustments, itemization (or standard deduction), or personal/dependent exemptions. If the taxable income is over $372,950, then the tax rate still would be 35 percent.
What is the tax on a million dollars?
Generally, anyone with taxable incomes of $100,000 and above uses the Tax Computation Worksheet, not Tax Tables. The tax rate on taxable incomes over $372,950 is 35 percent. On $1 million dollars, this amounts to $350,000. This percentage then is reduced by $22,316.50 (if you're Single); by $29,638 (if Married Filing Jointly); or by $25,640 (if Head of Household).For a Single person, the total tax on a taxable income of $1 million dollars would then be $327,683.50. For Married Filing Jointly, the total tax would be $330,362. For Head of Household, the total tax would be $324,360.If $1 million dollars is the gross amount, then it would be reduced by any adjustments, itemization (or standard deduction), or personal/dependent exemptions. If the taxable income is over $372,950, then the tax rate still would be 35 percent.
What is the Georgia income tax rates?
It depends on the filing status. For 2007: Joint or Head of Household: Tax is computed at a graduated rate and is assessed in a range from one to five percent on the first $10,000 of net taxable income (total tax on first $10,000 of net taxable income is $340) plus six percent of the excess of net taxable income over $10,000. Single Return: One to five percent of the first $7,000 of net taxable income (total tax on the first $7,000 of net taxable income is $230) plus six percent of the excess of net taxable income over $7,000. Married Couple Filing Separate Return: One to five percent on the first $5,000 of net taxable income (total tax on the first $5,000 of net taxable income is $170) plus six percent of the excess of net taxable income over $5,000. http://www.etax.dor.ga.gov/taxguide/TSD_Tax_Guide_for_Georgia_Citizens_2007.pdf
What is the income tax rate in Georgia?
It depends on the filing status. For 2007: Joint or Head of Household: Tax is computed at a graduated rate and is assessed in a range from one to five percent on the first $10,000 of net taxable income (total tax on first $10,000 of net taxable income is $340) plus six percent of the excess of net taxable income over $10,000. Single Return: One to five percent of the first $7,000 of net taxable income (total tax on the first $7,000 of net taxable income is $230) plus six percent of the excess of net taxable income over $7,000. Married Couple Filing Separate Return: One to five percent on the first $5,000 of net taxable income (total tax on the first $5,000 of net taxable income is $170) plus six percent of the excess of net taxable income over $5,000. http://www.etax.dor.ga.gov/taxguide/TSD_Tax_Guide_for_Georgia_Citizens_2007.pdf
Is there tax in Burlington Vermont?
In Vermont, income taxes depend on income itself:"If your income range is between $0 and $32,550, your tax rate on every dollar of income earned is 3.6%.If your income range is between $32,551 and $78,850, your tax rate on every dollar of income earned is 7.2%.If your income range is between $78,851 and $164,550, your tax rate on every dollar of income earned is 8.5%.If your income range is between $164,551 and $357,700, your tax rate on every dollar of income earned is 9%.If your income range is $357,701 and over, your tax rate on every dollar of income earned is 9.5%."Sales Taxes:Vermont's income tax rates are assessed over five tax brackets."For single taxpayers:-- 3.6 percent on the first $32,550 of taxable income-- 7.2 percent on taxable income between $32,551 and $78,850-- 8.5 percent on taxable income between $78,851 and $164,550-- 9 percent on taxable income between $164,551 and $357,700-- 9.5 percent on taxable income of $357,701 and above.For married persons filing joint returns:-- 3.6 percent on the first $54,400 of taxable income-- 7.2 percent on taxable income between $54,401 and $131,450-- 8.5 percent on taxable income between $131,451 and $200,300-- 9 percent on taxable income between $200,301 and $357,700-- 9.5 percent on taxable income of $357,701 and above."
Is a inheritance of 10000 taxable?
10000? this is just a number?? if you mean 10000 in US dollars or British Sterling then NO, in the UK anything under £325,000 is NOT taxable.
Is 60000 inherited taxable?
The amount of taxable inheritance depends on the entire estate. If the amount of the estate that the 60,000 was inherited from is over 2 million dollars then the income is taxable. If the estate was worth less then that then there are no taxes on the estate.
