When used in a general way - yes - your ENTIRE yearly pay is being referred to. This is referred to as your gross pay.
Your net pay would refer to the figure after all taxes and benefits were factored out, this is what you actually take home.
No. Workers compensation is completely exempt from federal tax if the payments are made under a workers compensation act for injuries occurring in the course of employment. They are also exempt from state tax. They aren't included as income.
Annual income is gross salary before taxes. Net income is after taxes.
can you claim compensation for been imprisoned for not paying community tax
No. Workers compensation is completely exempt from federal tax if the payments are made under a workers compensation act for injuries occurring in the course of employment. They're also exempt from state tax. They're not included as income, so they wouldn't be reported to you on a 1099 or any other tax form.
Your annual job compensation expectation should depend on a number of factors. It will depend on the job description as well as your skills and experience.
for 2008 $230,000
Salary of 400k.
The 2009 Annual Compensation limit is $245,000 Compensation Limit to be defined an HCE (Highly Compensated Employee) $110,000 Edit: I believe this is what you are looking for other limits for 2009: Maximum Pre-Tax Contribution $16,500 Maximum Catch Up Contributions for age 50 and older $5,500
Generally, workers' compensation benefits are not considered taxable income and do not need to be included on your tax return. However, if you received any benefits that are not strictly for lost wages, such as amounts for pain and suffering, those might be taxable. It's always best to consult with a tax professional for personalized advice related to your specific situation.
Annual tax can be define as the amount of money that you are being taxed per year.
There is no law regarding tax shields in the Philippines.
physicians practicing primary care had total median annual compensation of $186,044, and physicians practicing in medical specialties earned total median annual compensation of $339,738.