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Q: Is the income high enough so i could maintain my family on it alone if necessary?
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What is durable income mean?

Durable income is a strategy for optimizing the performance of a traditional retirement portfolio in order to help investors maintain the income necessary to fund the lifestyles they enjoy throughout retirement.


Does disposable income decrease when income decreases?

yes because the disposable income it is necessary to determine total income so when income decrease does disposable income decrease also.


Can a married couple file earned income credit with out kids?

Yes as long you have the necessary qualifying earned income.


Can tax exempt income qualify as support?

Need more info to answer properly, but if I understand what you're asking: Income that is not subject to income taxes (tax exempt investments, inheritance income from an estate, life insurance proceeds, etc) can certainly be considered income to support oneself - (IE If someone asks how you support yourself when you have no job... you may have income sources that are tax exempt that provide you with enough income to live a very comfortable lifestyle.) If you're asking for purposes of support as in child support or spousal support - then I believe that is negotiable prior to settlement of the divorce / child support case. If you're asking if tax exempt income qualifies as income for a dependecy exeption, then the answer is yes. So long as the income is enough to cover 50% of the expenses to maintain the household / provide for the child, etc.


What is the earning threshold for a child to pay taxes?

The child's income is essentially considered the income of the parent...so it is taxed at their rate, and presumably they have enough income to be taxed.

Related questions

What is durable income mean?

Durable income is a strategy for optimizing the performance of a traditional retirement portfolio in order to help investors maintain the income necessary to fund the lifestyles they enjoy throughout retirement.


Why do apartments have income restriction?

The landlords want to be certain that your income level is sufficient enough to pay the rent and all your necessary expenses. They know, that if it come to putting food on the table or paying rent, people will choose to feed their family. I have never heard of an income restriction for minimum income, the table i always see is a max income per family size and its purpose is to provide low income families with housing. The apartment complexes get a tax right off and single parents can afford to feed their children.


What is the effect of an increase in tax?

The effect on the individual taxpayer AND other TAXPAYERS that HAVE ENOUGH gross worldwide income that they would be subject to the increase in any of the different TAXES that will add to the cost of things that are necessary to get by on INCLUDING INCOME TAXES the INCREASES WILL REDUCE the amount of funds that they will have available to them to use or spend for some of the things that are needed for them to get by on and necessary to have in today's world. And will increase the need for more assistance for some with necessary living expense for them and their family members.


What is the family income for Cuba?

What is the family income for Cuba?


Many lower-income families of the barrio manage to maintain a comfortable standard of living through the communal action of family members who contribute their wages to the head of the family?

im researching with this also....


How does a person qualify for a second mortgage?

If they have enough equity in the property and have enough income to take on more debt.If they have enough equity in the property and have enough income to take on more debt.If they have enough equity in the property and have enough income to take on more debt.If they have enough equity in the property and have enough income to take on more debt.


How do you prove profitability?

business in which you are buying must produce more than enough income to support you and your family. In Florida, the median income for a family of four is $56,824 and so a business should generate an operating income that is greater than that amount. The business tax return and other financial


Is it necessary to have personal insurance?

No insurance is necessary, but personal insurance can be a good idea for your peace of mind, and that of your family. If you can afford it, protecting your income and your life is a sound investment that will almost always be worth it in the long run.


What was the average family income in 1987?

The average family income was $20,000 in 1987.


What did migrants do to maintain a steady income?

In an attempt to maintain a steady income, workers had to follow the harvest around the state. When potatoes were ready to be picked, the migrants needed to be where the potatoes were.


Can manga artist make enough money to support their family?

Although income is not as stable as with other jobs, a manga artist should be able to earn enough to survive. Especially if he/she is commissioned frequently and is involved in well-paying projects. (However, whether the money will be enough to support a family depends on how large the family is and if the mangaka is the only breadwinner.)


Average family income?

The average family income varies from state to state and from country to country.