answersLogoWhite

0


Best Answer

$100.00 plus 5% of $1300.00 = $100.00 + $65.00 = $165.00

User Avatar

Wiki User

13y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: 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?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

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 4000.00 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


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?

So you have 100 plus 5 percent of the amount over 4000. 2999 X .05 WOULD BE 120 PLUS THE 100 WOULD 220 CORRECT.


How much tax in dollars is due on a taxable income of 5800.00?

iF YOUR TAXABLE INCOME IS FROM $4,000.00-$7,499.00 YOUR TAX IS $100 PLUS 5% of any amount $4,500.00


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?

Your tax would be $165.00. (5800-4500=1300 X .05=65+100=165.00)


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.


How can I determine my taxable income?

Taxable income is the total amount of your income that is taxable. Certain types of income are exempt from taxes, but most income is taxable. To find out more information about taxable income, go to http://en.wikipedia.org/wiki/Taxable_income


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."


What is a deduction on an income tax form?

a dollar amount that reduces the amount of taxable income...


Are the penalties from a lawsuit taxable?

The penalties from a lawsuit is considered taxable income. The amount of tax depends on the amount of the settlement.


What is the taxable table for pensions in Maryland?

The tax amount on the taxable income could be from 2% to the maximum 6.75% amount.


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