Made 57000 cash money last year with no taxes taken out How much taxes will you owe?

Answer 1

I am always astounded that people ask questions of this variety...

Do you really think that's all there is to it? Much more goes into any tax determination.

You must have seen are all those companies and software sellers advertising programs, etc, etc that do this - calculate tax and prepare returns - for people. You may well have noticed there are entire professions with lots of busy people, again many spending large advertising amounts to get business of preparing these for those that findi it simply too hard and complex.

Everyday on the TV, newspapers and everywhere else there are all theos discussions about how to determine, even change what a portion of your tax situation may be. You've probably heard about, seen and even received some of those silly tax forms that need to be completed absolutely accurately to get an answer of how much tax someone pays. And of course, all those laws passed about what is what...and what it means to different people, probably you too, are big news.

I just don't understand how someone may think it's just a number on a chart or something. It is probably a good indicator you need to get professional assistance in doing it (handling your tax financial affairs), and also start learning what is involved, because the one that can do it best for you....is you!

Virtually no 2 people with even the same job and income will owe the same tax.