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What do you pay income tax on?

Updated: 8/18/2019
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Wiki User

14y ago

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Could it be your income??

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14y ago
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Q: What do you pay income tax on?
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Do the wealthy pay income tax?

The wealthy do pay income tax, and since the wealthy have more income, they must pay more money in income tax.


What is difference between tax free and taxable income?

You don't pay tax on the tax-free pay and you do pay tax on taxable income


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Do you have to pay income tax on IRA income?

On a standar IRA, Yes (you didn't pay tax on the $ contributed or as it grew). On a Roth IRA, (where you paid the tax on the income before contribution), No.


How do you use the word income in a sentence?

He had to pay his income tax. My dad has to pay income taxes.


Do you pay income tax in Texas?

Every1 in the world pays income tax Texas does not have a State income tax, collecting that same revenue using other tax means. You of course pay Federal income taxes.


Does the church have to pay income taxes on tithes?

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What is a tax that you pay on the money you earn?

To answer your question, the taxes you pay on the money you earn (salary, income) is called income tax.


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