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Income Tax is an Indirect Excise Tax. Congress has imposed the tax on 3 classes of persons which are NON-Resident Aliens, Foreign Corporations deriving US Domestic source income and US Citizens residing abroad with foreign earned income.
The term "US Person" denotes an US entity that has control, receipt, custody, disposal, or payment of any item of income of a foreign person that is subject to withholding.
From IRS.GOV
"You are a withholding agent if you are a U.S. or foreign person that has control, receipt, custody, disposal, or payment of any item of income of a foreign person that is subject to withholding."
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What is a imputed tax?
Imputed federal income tax would be an income tax that the IRS has calculated on some type of imputed income that was received by you and not reported on your 1040 income tax form as a part of your worldwide gross income.
What type of tax best describe the federal income tax?
progressive
What Type of tax is usually taxed progressively?
I believe that it is income tax or tax on goods.
How do I find out what my income tax percentage is?
There are many websites available online that can help you calculate your income tax percentage. It is usually based on your income and the type of income that you have.
What type of tax is imposed on the wages earned by an individual or corporation?
Income tax
Can you get an income tax refund if you do not work?
Not if you did not have some income tax withheld from some type of income or if you are qualified for some type of refundable tax credit.
What type of tax is the federal income tax?
progressive tax
Is a progressive tax a type of income tax?
It's a method of determining the taxable rate on income.
What is a imputed tax?
Imputed federal income tax would be an income tax that the IRS has calculated on some type of imputed income that was received by you and not reported on your 1040 income tax form as a part of your worldwide gross income.
Indinvidual income tax rates are usually this type of tax the higher the income the higher the tax rate?
i think its Progressive(Kaylop)
What type of tax best describe the federal income tax?
progressive
What Type of tax is usually taxed progressively?
I believe that it is income tax or tax on goods.
How do I find out what my income tax percentage is?
There are many websites available online that can help you calculate your income tax percentage. It is usually based on your income and the type of income that you have.
What type of tax brings a higher tax rates the income rises?
progressive
Individual income tax rates are usually this type of tax?
Progessive/aplus
What type of tax is imposed on the wages earned by an individual or corporation?
Income tax
Which type of tax is imposed on the wages earned by an individual or corporation?
(income tax)
